On Tuesday, bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computing power to the company’s current 6.7 EH/s.
Cleanspark acquires 45,000 Antminers from Bitmain for $144.9 million
This year, bitcoin mining companies are again making large purchases of application-specific integrated circuit (ASIC) bitcoin mining rigs after taking a short break in 2022. On Tuesday, April 11, 2023, the mining company bitcoin mining clean spark announced that it had purchased 45,000 new Antminer S19 XP machines from leading ASIC maker Bitmain. The first delivery of 25,000 ASICs will take place in August and the remaining 20,000 will be delivered in September.
Cleanspark detailed that all new miners would be delivered to the company’s mining facility in Sandersville, Georgia. The site, located in Georgia, is currently in the midst of a 150 megawatt (MW) expansion. Cleanspark further noted that the new miners would add 6.3 EH/s to the company’s current fleet of 6.7 EH/s of computing power, with all new devices expected to be fully operational by the end of 2023.
“As the bitcoin halving approaches, our focus on operational efficiencies, technical expertise and treasury management strategy will play a crucial role in solidifying Cleanspark’s position among the top bitcoin mining companies. in the United States,” Zach Bradford, CEO of Cleanspark. he said in a statement sent to Bitcoin.com News. “This bear market,” added Bradford, “continued to provide us with opportunities to maximize ROI, including the opportunity to purchase the best miner in the industry at an industry leading price.”
Bitcoin miners had a rough year in 2022, and 2023 has proven to be a different story so far. Currently, bitcoin (BTC) prices are up more than 80% since the last day of 2022. Bitcoin’s global hashrate, in turn, is up more, breaking through the 400 EH/s range this year, while network difficulty is too has reached all-time highs. Cleanspark’s latest acquisition of 45,000 ASIC bitcoin miners follows the company’s purchase of 20,000 Bitmain mining rigs in mid-February. At the time, Cleanspark said it took advantage of Bitmain coupons that saved the company millions.
What do you think about Cleanspark’s latest purchase of 45,000 Bitcoin ASIC miners? Let us know what you think about this topic in the comments section below.
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