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


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

The bitcoin mining 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. expects the machines to be delivered to the corporate’s services by the tip of October or early November 2022.

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

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

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

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

Within the press launch despatched to Bitcoin.com Information, Cleanspark mentioned 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 credit and reductions.” Zach Bradford, the CEO of Cleanspark mentioned the corporate has been intent on constructing out the agency’s mining infrastructure.

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

“Throughout the tail finish of the bull market final yr, we strategically targeted on constructing infrastructure as a substitute of following the then business pattern of pre-ordering tools months prematurely,” Bradford defined. “This technique positioned us to make purchases of landed rigs at considerably decrease costs, thus lowering the time between deploying capital and hashing, accelerating our return on funding,” the CEO added.

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

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.eight EH/s. The corporate represents 1.66% of the worldwide hashpower on the 3.eight EH/s fee and Cleanspark notes that it recorded a manufacturing excessive of 14.9 bitcoin per day.

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

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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,700 articles for Bitcoin.com Information concerning the disruptive protocols rising in the present day.

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