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 companies are as soon as once more making giant purchases of application-specific built-in circuit (ASIC) bitcoin mining rigs after taking a quick 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 could 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) growth. 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 totally operational by the top of 2023.
“As bitcoin’s halving attracts nearer, our concentrate on 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 a press release despatched to Bitcoin.com Information. “This bear market,” Bradford added, “has continued to supply us with alternatives to maximise ROI together with the chance to buy the {industry}’s greatest miner at an industry-leading worth.”
Bitcoin miners had a troublesome 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 because the 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 problem 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 hundreds of thousands.
Tags on this story
What do you consider Cleanspark’s newest buy of 45,000 ASIC Bitcoin miners? Tell us what you consider 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 group 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 in regards to the disruptive protocols rising as we speak.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This text is for informational functions solely. It isn’t a direct supply or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, immediately or not directly, for any injury or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.