Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million – Mining Bitcoin News

Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million


The bitcoin mining firm Cleanspark revealed on Wednesday that the corporate has signed a purchase order settlement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the corporate’s amenities by the top of October or early November 2022.

Cleanspark Inks Deal with Cryptech Solutions — Purchases 10,000 New Antminers

Bitcoin miner Cleanspark (Nasdaq: CLSK) has introduced it has inked a cope with Cryptech Solutions so as to purchase 10,000 Bitmain Antminer S19j Pro bitcoin mining rigs. The information follows Cleanspark exceeding 3 exahash per second (EH/s) and a document each day manufacturing excessive of 13.25 BTC. At the time, Cleanspark’s govt chairman Matt Schultz remarked that the corporate was ready for the crypto winter.

In the press launch despatched to Bitcoin.com News, Cleanspark stated the 10,000 new Bitmain-brand bitcoin miners must be delivered to the agency’s mining campuses in roughly two months. The publicly-listed bitcoin mining operation obtained the brand new mining units for “$28 million, after credits and discounts.” Zach Bradford, the CEO of Cleanspark stated the corporate has been intent on constructing out the agency’s mining infrastructure.

“During the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then industry trend of pre-ordering equipment months in advance,” Bradford defined. “This strategy positioned us to make purchases of landed rigs at significantly lower prices, thus reducing the time between deploying capital and hashing, accelerating our return on investment,” the CEO added.

At press time, Bitcoin’s hashrate is coasting alongside at 227.99 exahash per second (EH/s) or 227,990,154,305,221,200,000 hashes per second (H/s). Cleanspark’s particulars that it has greater than 37,000 bitcoin mining machines with a present hashrate of round 3,800,000,000,000,000,000 H/s or 3.8 EH/s. The firm represents 1.66% of the worldwide hashpower on the 3.8 EH/s fee and Cleanspark notes that it recorded a manufacturing excessive of 14.9 bitcoin per day.

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Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,700 articles for Bitcoin.com News in regards to the disruptive protocols rising at present.

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