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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet – Mining Bitcoin News

April 11, 2023
in Crypto Mining
Reading Time: 4 mins read
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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

On Tuesday, the bitcoin mining firm Cleanspark introduced that it had bought 45,000 Antminer S19 XP bitcoin mining gadgets for a complete worth of $144.9 million. Cleanspark said that the brand new fleet would add 6.3 exahash per second (EH/s) of computational energy to the corporate’s present 6.7 EH/s.

Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 Million

This yr, bitcoin mining corporations are as soon as once more making giant purchases of application-specific built-in circuit (ASIC) bitcoin mining rigs after taking a short break in 2022. On Tuesday, April 11, 2023, the bitcoin mining agency Cleanspark introduced that it had bought 45,000 new Antminer S19 XP machines from the main ASIC producer, Bitmain. The primary supply of 25,000 ASICs will happen in August, and the remaining 20,000 will likely be delivered in September.

Cleanspark detailed that the entire new miners can be delivered to the corporate’s mining facility in Sandersville, Georgia. The positioning, situated in Georgia, is at the moment within the midst of a 150-megawatt (MW) enlargement. Cleanspark additional famous that the brand new miners would add 6.3 EH/s to the agency’s present fleet, which boasts 6.7 EH/s of computational energy, and all the brand new gadgets are anticipated to be absolutely operational by the tip of 2023.

“As bitcoin’s halving attracts nearer, our give attention to operational effectivity, our technical experience, and our treasury administration technique, will all play a vital function in solidifying Cleanspark’s place among the many high bitcoin mining firms in America,” Zach Bradford, the CEO of Cleanspark mentioned in an announcement despatched to Bitcoin.com Information. “This bear market,” Bradford added, “has continued to offer us with alternatives to maximise ROI together with the chance to buy the {industry}’s finest miner at an industry-leading worth.”

Bitcoin miners had a tough yr in 2022, and 2023 has confirmed to be a distinct story up to now. Presently, bitcoin (BTC) costs have risen greater than 80% larger for the reason that final day of 2022. Bitcoin’s international hashrate has, in flip, jumped larger, surpassing the 400 EH/s vary this yr, whereas the community’s issue has additionally reached all-time highs. Cleanspark’s newest acquisition of 45,000 ASIC bitcoin miners follows the corporate’s buy of 20,000 Bitmain mining rigs in mid-February. On the time, Cleanspark mentioned it leveraged Bitmain coupons that saved the agency thousands and thousands.

Tags on this story

Antminer S19 XP, ASIC, Bear Market, Bitcoin, Bitcoin mining, bitcoin costs, Bitmain, Blockchain, BTC Mining, Cleanspark, competitors, computational energy, Cryptocurrency, Decentralized, Digital Belongings, Vitality Consumption, Finance, Georgia, World Hashrate, Halving, industry-leading worth, funding, Market Tendencies, mining bitcoin, Mining BTC, mining centralization, mining fleet, Mining Trade, mining rigs, community issue, operational effectivity, Profitability, Renewable Vitality, RoI, Sandersville, sustainability, know-how, high bitcoin mining firms, treasury administration

What do you concentrate on Cleanspark’s newest buy of 45,000 ASIC Bitcoin miners? Tell us what you concentrate on this topic within the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively 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 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising as we speak.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss precipitated or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.

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