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Bitcoin Mining – Cleanspark Invests $28 Million in Bitmain Mining Equipment

Cleanspark, a bitcoin mining company, announced Wednesday that it has signed a $28 million purchase agreement for 10,000 Bitmain Antminer S19jPro mining rigs....
bitcoin mining machine
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Cleanspark, a bitcoin mining company, announced Wednesday that it has signed a $28 million purchase agreement for 10,000 Bitmain Antminer S19jPro mining rigs. Cleanspark anticipates that the machines will be delivered to its facilities by the middle of October or early November 2022.

Cleanspark, a bitcoin miner (Nasdaq CLSK), has announced that it has signed a deal to acquire 10,000 Bitmain Antminer Pro bitcoin mining rigs from Cryptech Solutions.

The investment includes 10,000 bitmain antminers

This news comes after Cleanspark exceeded 3 exahash/second (EH/s), and a record daily production of 13.25 Bitcoin. Cleanspark’s executive chair Matt Schultz said that the company was ready for crypto winter.

Cleanspark stated that the new Bitmain-brand Bitcoin miners would be delivered to the company’s mining sites in approximately two months. Cleanspark, the chief executive officer of the bitcoin mining company, stated that the company had been working hard to expand the mining infrastructure.

Bradford explained that “at the tail end last year’s bull market, we strategically focused our efforts on building infrastructure rather than following the industry trend of ordering equipment months ahead.” 

The CEO explained that this strategy allowed us to purchase landed rigs at substantially lower prices. This reduced the time it took to deploy capital and hash, which accelerated our return on investment.

At press time, Bitcoin’s hashrate is coasting along at 227.99 exahash per second (EH/s) or 227,990,154,305,221,200,000 hashes per second (H/s). 

Cleanspark’s details that it has more than 37,000 bitcoin mining machines with a current hashrate of around 3,800,000,000,000,000,000 H/s or 3.8 EH/s. Cleanspark notes that the company accounts for 1.66% global hashpower at the rate of 3.8 EH/s and that it produced a high of 14.9 Bitcoin per day.

Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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