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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.

The post Bitcoin Mining – Cleanspark Invests $28 Million in Bitmain Mining Equipment first appeared on The Daily Encrypt.


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Angie Byrd