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

The bitcoin company Cleanspark disclosed on Wednesday that the corporation has signed a procurement agreement for 10,000 new Bitmain Antminer S19j professional mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early Nov 2022.

Cleanspark Inks Deals With Cryptech Solutions — Purchases 10,000 New Antminers

Bitcoin jack Cleanspark (Nasdaq: CLSK) has proclaimed it’s inked an agitate Cryptech Solutions so as to amass 10,000 Bitmain Antminer S19j professional bitcoin mining rigs. The news follows Cleanspark surpassing three exahash per second (EH/s) and a record daily production high of 13.25 BTC. At the time, Cleanspark’s government chairman Matt Schultz remarked that the corporation was ready for the crypto winter.

In the handout sent to Bitcoin.com News, Cleanspark aforementioned the ten,000 new Bitmain-brand bitcoin miners ought to be delivered to the firm’s mining campuses in roughly 2 months. The publicly-listed bitcoin mining operation obtained the new mining devices for “$28 million, when credits and discounts.” Zach Bradford, the chief operating officer of Cleanspark aforementioned the corporation, has been bent on building out the firm’s mining infrastructure.

“During the tail end of the securities industry last year, we tended to be strategically targeted on building infrastructure rather than following the then trade trend of pre-ordering instrumentation months before,” Bradford explained. “This strategy positioned US to form purchases of landed rigs at considerably lower costs, therefore reducing the time between deploying capital and hashing, fast our come back on investment,” the chief operating officer another.

At press time, Bitcoin’s hashrate is coasting on at 227.99 exahash per second (EH/s) or 227,990,154,305,221,200,000 hashes per second (H/s). Cleanspark’s details that it has 37,000 bitcoin mining machines with a current hashrate of around 3,800,000,000,000,000,000 H/s or 3.8 EH/s. The corporation represents 1.66% of the world’s hashpower at the 3.8 EH/s rate and Cleanspark notes that it recorded a production high of 14.9 bitcoin per day.

The post Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million first appeared on BTC Wires.

Credit: Source link