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


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

Cleanspark Inks Take care of Cryptech Options — Purchases 10,000 New Antminers

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

Within the press launch despatched to Information, Cleanspark mentioned the ten,000 new Bitmain-brand bitcoin miners ought to be delivered to the agency’s mining campuses in roughly two months. The publicly-listed bitcoin mining operation obtained the brand new mining gadgets for “$28 million, after credit and reductions.” Zach Bradford, the CEO of Cleanspark mentioned the corporate has been intent on constructing out the agency’s mining infrastructure.

“Throughout the tail finish of the bull market final 12 months, we strategically targeted on constructing infrastructure as a substitute of following the then business pattern of pre-ordering tools months upfront,” Bradford defined. “This technique positioned us to make purchases of landed rigs at considerably decrease costs, thus decreasing the time between deploying capital and hashing, accelerating our return on funding,” 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 corporate represents 1.66% of the worldwide hashpower on the 3.8 EH/s price 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 Information Lead at Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood 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 Information in regards to the disruptive protocols rising as we speak.

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