On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s).
Acquisition to Boost Cleanspark’s Hashpower by 1.76 EH/s
Throughout 2023, Cleanspark (Nasdaq: CLSK) has secured a considerable number of application-specific integrated circuit (ASIC) bitcoin miners. In February, the company procured 20,000 new Bitmain mining rigs for $43.6 million, and in mid-April, it bought 45,000 Antminer S19 XP units. The firm’s most recent acquisition involved 12,500 Antminer S19 XP bitcoin miners at a cost of $40.5 million.
Cleanspark reveals that the expense stood at approximately $23 per terahash ($/TH), which is less than the current market value. The firm disclosed that 6,000 machines would arrive in June, while the remaining units would be delivered in August. These ASIC bitcoin mining machines will
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