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

Cleanspark, a bitcoin mining company announced Wednesday that it has entered into a $28 million purchase agreement to acquire 10,000 Bitmain Antminer S19jPro mining rigs. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early November 2022.

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

Cleanspark, a bitcoin miner (Nasdaq : CLSK), has announced that it has signed a deal to purchase 10,000 Bitmain Antminer Pro bitcoin mining machines. Cleanspark’s record-breaking daily production was 13.25 BTC and it now exceeds 3 Exahash per Second (EH/s). At the time, Cleanspark’s executive chairman Matt Schultz remarked that the company was prepared for the crypto winter.

In the press release sent to Bitcoin.com News, Cleanspark said the 10,000 new Bitmain-brand bitcoin miners should be delivered to the firm’s mining campuses in roughly two months. The publicly-listed bitcoin mining operation obtained the new mining devices for “$28 million, after credits and discounts.” Zach Bradford, the CEO of Cleanspark said the company has been intent on building out the firm’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 explained. “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 along 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 more than 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. Cleanspark reveals that the company is responsible for 1.6% of global hashpower at the current rate of 3.8 EH/s and notes that the company produced a maximum of 14.9 bitcoin each day.

What do you think about Cleanspark’s purchase of 10,000 Antminers? Comment below and let us know how you feel about the subject.

Jamie Redman

Jamie Redman, a Florida-based financial journalist and news lead at Bitcoin.com News is Jamie Redman. Redman is an active participant in the cryptocurrency community from 2011. Redman is passionate about Bitcoin and open-source codes. Redman is a prolific writer for Bitcoin.com News, with over 5,700 articles on the most disruptive protocols currently in development.