CleanSpark again took advantage of the distressed state of the crypto mining industry to buy 20,000 new rigs at below-market rates, according to a Thursday press release.
The company said it expects to pay $32.3 million for 20,000 new Bitmain Antminer S19j Pro+ mining rigs, after knocking the price down by 25% with coupons and discounts. That works out at $13.25 per terahash , which is lower than the market price of $15.09 per TH for the S19j Pro+ category recorded on mining firm. The price of mining rigs is often measured in dollars per terahash, a measure of computing power, because different machines have different specifications.
The miner started buying assets from rivals struggling to make ends meet during the market downturn as far back as
CleanSpark_Inc egreechee How many solar panels does all that take to run?
CleanSpark_Inc egreechee Screw Cleanspark I got this because of them. Thank you Lalo and Dewayne leaving an exposed wire from the 270v feed to the PDU. No compensation, made me work 3 days later, couldn't walk due to getting injured, couldn't provide workmans comp, was rejected from civilian hospital 1/x
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