TL;TD:
CleanSpark Inc., America’s Bitcoin Miner™, has purchased 12,500 Antminer S19 XP units for $40.5 million, aiming to expand its bitcoin mining operations and improve mining fleet efficiency. The units contribute to a total hashrate of 1.76 EH/s and are expected to help CleanSpark reach its year-end target of 16 EH/s. The CEO expresses confidence in the purchase and plans to optimize mining operations. The acquisition follows previous discounted machine purchases and aligns with CleanSpark’s commitment to environmentally friendly practices. The company has been recognized as a key player in the bitcoin mining industry.
Facts
- 💰 CleanSpark purchases 12,500 Antminer S19 XP units for $40.5 million.
- ⛏️ Units contribute to a combined total hashrate of 1.76 EH/s.
- 🎯 CleanSpark aims to meet its year-end target of 16 EH/s.
- 🔋 Sustainable mining practices with over 90% low-carbon energy sources.
- 🌱 Purchase follows previous discounted machine acquisitions during the bear market.
- 💡 CEO plans to optimize mining operations based on economic considerations.
- 🏢 CleanSpark listed on Nasdaq, recognized as a key player in the bitcoin mining industry.
BitminerFactory is brought to life by Darrell Houghton, our astute publisher. With a deep-rooted passion for crypto and crypto mining spanning many years, Darrell’s unwavering enthusiasm fuels his daily quest for knowledge. He is eager to share the pivotal news stories of the day while also providing his own analysis and commentary with Bitminer Factory’s readers.
