News Formal

Capitalizing on buyer's market, CleanSpark acquires 1,800 bitcoin miners

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Capitalizing on buyer's market, CleanSpark acquires 1,800 bitcoin miners by catarinalsm

CleanSpark announce that it acquired 1,800 Antminer S19 XP units, which will start getting delivered in August.Bitcoin miner CleanSpark acquired 1,800 Antminer S19 XP machines, leveraging current market conditions to secure a better deal.

“We were able to secure the contract at an exceptional price because of our strategic relationships and the unique circumstances that current market conditions have created,” said CEO Zach Bradford. "I can’t emphasize right now how important that access to power is and how important Helios is for us. We are continually hearing reports and having phone calls with people in the space and infrastructure is hard to get right now," Wall said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig ContractsBitcoin miner CleanSpark_Inc takes advantage of the current crypto bear market by taking over existing contracts for mining rigs. Reports Aoyon_A
Source: CoinDesk - 🏆 291. / 63 Read more »