THELOGICALINDIAN - Cleanspark a Nevadabased activity technology and apple-pie bitcoin mining close has appear the acquirement of 4500 Bitmainbrand Antminer S19 bitcoin mining rigs The aggregation says the mining accessories were purchased by leveraging a allocation of the companys bitcoin holdings
Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain
The publicly-listed bitcoin mining close Cleanspark (Nasdaq: CLSK) appear on Tuesday that the aggregation has purchased 4,500 S19 bitcoin mining rigs from Bitmain. The rigs are accepted to alpha the commitment action by abutting ages and the units were “partially adjourned through a allocation of the company’s BTC holdings.” The aggregation estimates that the machines will access hashrate by 450 PH/s or 0.45 exahash (EH/s), which is agnate to Cleanspark’s accepted capacity.
Cleanspark’s accretion of 4,500 bitcoin miners follows added above purchases of bitcoin mining machines by all-embracing operations this year. For instance, at the end of August, Genesis Digital Assets bought 20,000 bitcoin miners from Canaan. During the aboriginal anniversary of August, Marathon purchased 30,000 bitcoin mining rigs from Bitmain. Foundry US has been partnering with a cardinal of operations and has added in accommodation a abundant deal. At the end of December 2020, Cleanspark acquired the U.S. bitcoin miner ATL Data Centers for $19.4 million.
Company Expects to Have More Than 24K Bitcoin Miners in Next 12 Months, Cleanspark Acquires Georgia Datacenter
Cleanspark expects to access its accepted accumulation of 10,000 miners. The cardinal of miners appointed for commitment is 24,580 “over the abutting 12 months.” In accession to ATL Data Centers, Cleanspark additionally bought a above Sprint/Nextel datacenter in Norcross, Georgia, and the new mining ability will advantage Georgia’s Simple Solar program. Zach Bradford, the CEO of the bitcoin mining and activity technology close headquartered in Nevada, says the move to acquirement the new miners was a “conscious effort.”
“By authoritative a acquainted accomplishment to reinvest in added production, we are demography a market-based access to our mining operations and maximizing amount for our shareholders,” Bradford said in a account beatific to Bitcoin.com News. “We accept that application our bitcoin to abutment our operations and amplification is a archetype about-face for the agenda bill mining industry in North America.”
Not alone does Cleanspark accept a captivation strategy, it additionally believes that “the amount of agenda currencies such as bitcoin stems from their account as a average of exchange.” Essentially, by application the funds to access added bitcoin mining rigs, a allocation of its mined bitcoins goes aback into circulation.
What do you anticipate about Cleanspark purchasing 4,500 miners from Bitmain and accretion accommodation by 450 PH/s? Let us apperceive what you anticipate about this accountable in the comments area below.
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