Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs – Mining Bitcoin News

), has announced that it acquired 20,000 Antminer S19j Pro+ units for $43.6 million. The company stated that it used coupons that saved it 25%, bringing the total price down to $32.3 million at settlement.

Cleanspark anticipates sending 15,000 application-specific integrated circuit miners to its mining facility in Washington, Georgia. The bitcoin miner said that the mining machines are expected to be delivered by the end of May. Once fully operational, they will add 2.44 EH/s to Cleanspark’s current 6.6 EH/s of computational power, resulting in a total of 9 EH/s of SHA256 hashpower for the bitcoin mining company.

“Building and owning our own mining campuses at multiple locations provides us with a level of agility and reliability that cannot be achieved otherwise,” Zach Bradford, CEO of Cleanspark, said in a statement sent to Bitcoin.com News. “As machines are delivered to us we will have rackspace waiting for them at one of our sites.”This is the advantage of proprietary mining or the ‘prop mining’ model.

Cleanspark stated that it will deploy 15,000 application-specific integrated circuit miners at its facility in Washington, Georgia. Some of the new ASICs may be redirected to the company’s other locations in the United States. Bitcoin miners had a difficult time in 2022 during the “crypto winter,” but mining operations have benefited from the significant improvement inCleanspark’s shares have declined 33.4% over the last six months but have risen 68.66% year-to-date.

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Those mining rigs will add 2.44EH/s to their computational power, resulting in a total of 9EH/s of SHA256 hashpower 📈

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CleanSpark buys 20,000 miners from Bitmain, bringing bear market tally to 46,500The company expects to pay $32.3 million for the new generation Antminer S19j Pro+ units.
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