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

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Bitcoin company Cleanspark announced on Wednesday that the corporation has signed a $28 million purchase agreement for 10,000 new Bitmain Antminer S19j professional miners. Cleanspark expects to have the machines delivered to the company’s facilities in late October or early November 2022.

Cleanspark Inks Contracts With Cryptech Solutions — Buys 10,000 New Antminers

Bitcoin jack Cleanspark (Nasdaq: CLSK ) has announced the paint job of Cryptotech Solutions, which is inspired to collect 10,000 Bitmain Antminer S19j professional bitcoin miners. The news is that Cleanspark has exceeded three Exahashes per second (EH/s) with a daily yield of 13.25 BTC. At the time, Cleanspark’s state chairman, Matt Schultz, said the corporation was ready for winter.

In a handout sent to News, Cleanspark said that ten,000 new Bitmain-branded Bitcoin miners should be delivered to the company’s mining campuses within 2 months. The publicly listed bitcoin mining operation acquired the new miners “for $28 million in credits and rebates.” Cleanspark CEO Zach Bradford, who mentioned the corporation, is committed to building the company’s mining infrastructure.

“At the end of last year in the securities industry, we tended to strategically target building infrastructure rather than going after pre-order trades months in advance,” Bradford explained. “This strategy allows the US to buy ground wells at a much lower cost, so we can get a faster return on investment by reducing the time between capital and hashing,” said the chief operating officer.

At press time, the Bitcoin hashrate is flying at 227.99 exahash per second (EH/s) or 227,990,154,305,221,200,000 hashes per second (H/s). Cleanspark details that it currently has 37,000 Bitcoin mining machines with 3,800,000,000,000,000,000 H/s or 3.8 EH/s. The corporation represents 1.66% of the world’s hash power at a rate of 3.8 EH/s, and Cleanspark has announced a record high production rate of 14.9 bitcoins per day.

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

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