Bitcoin Miner CleanSpark Purchases 10,000 Antminers For $28 Million

2 years ago

In a acquisition statement with Cryptech Solutions, CleanSpark has purchased an further 10,000 miners, connected apical of the 6,000 already purchased this summer.

  • CleanSpark purchased 10,000 bitcoin mining machines from Cryptech Solutions.
  • The acquisition statement had a last valuation of $28 million.
  • CleanSpark present hosts implicit 37,000 bitcoin miners.

CleanSpark Inc., (Nasdaq: CLSK) has acquired 10,000 brand-new Bitmain Antminer S19j Pro units done a $28 cardinal acquisition statement with Cryptech Solutions, per a property merchandise sent to Bitcoin Magazine.

"During the process extremity of the bull marketplace past year, we strategically focused connected gathering infrastructure alternatively of pursuing the past manufacture inclination of pre-ordering instrumentality months successful advance,” said Zach Bradford, CEO of CleanSpark.

Indeed, CleanSpark has been acquiring ample amounts of miners implicit the people of the summer. In July, the institution purchased 1,800 units with different 1,000 units being purchased the period earlier that. From June to August, the mining institution purchased implicit 6,000 miners, per the release.

“This strategy positioned america to marque purchases of landed rigs astatine importantly little prices, frankincense reducing the clip betwixt deploying superior and hashing, accelerating our instrumentality connected investment,” Bradford continued.

Therefore, the institution volition besides enactment a speedy deployment for this ample acquisition. All of the purchased miners are expected to beryllium delivered and operable by November astatine the latest.

Moreover, these ample acquisitions and deployments opposition galore successful the mining manufacture who person capitulated during marketplace downtrends.

“We prepared for challenging times, which allowed america to instrumentality vantage of unsocial opportunities created by the existent market, accelerating our maturation trajectory,” said Matt Schultz, enforcement chairman.

CleanSpark boasts an arsenal of 37,000 miners crossed each of its locations with a regular mean bitcoin accumulation of 14.9 BTC with 3.8 exahashes per 2nd (EH/s) of capacity. 

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