Bitcoin Mining Firm Cleanspark Purchases $43.6M in Mining Rigs

Summary

• Bitcoin mining company Cleanspark has purchased 20,000 Antminer S19j Pro+ machines worth $43.6 million and saving 25% using discount coupons.
• When the new mining rigs are operational, they will add 2.44 EH/s of computing power to Cleanspark’s existing 6.6 EH/s of hashpower.
• The company is also installing 15,000 ASIC miners at its Washington, Georgia location in order to increase agility and reliability in their operations.

Overview

Bitcoin mining firm Cleanspark recently announced the purchase of 20,000 Antminer S19j Pro+ machines for a total sum of $43.6 million after using discount coupons which brought the price down to $32.3 million. The new purchase will add 2.44 EH/s to Cleanspark’s existing 6.6 EH/s of computing power when they become fully functional by the end of this month. Additionally, the company is also set to install 15,000 ASIC miners at its Washington, Georgia facility in order to improve agility and reliability for their operations as well as take advantage of the recent rise in bitcoin prices in 2023 since crypto winter had a major negative impact on bitcoin miners last year..

The Purchase

The purchase consists of 20,000 Antminer S19j Pro+ machines which were bought for $43.6 million but with discounts that reduced it down to $32.3 million.. With these machines now operational when shipping ends this month, it will bring an additional 2.44 EH/s to Cleanspark’s current 6