Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings.
Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain
The publicly-listed bitcoin mining firm Cleanspark (Nasdaq: CLSK) announced on Tuesday that the company has purchased 4,500 S19 bitcoin mining rigs from Bitmain. The rigs are expected to start the delivery process by next month and the units were “partially funded through a portion of the company’s BTC holdings.” The company estimates that the machines will increase hashrate by 450 PH/s or 0.45 exahash (EH/s), which is equivalent to Cleanspark’s current capacity.
Cleanspark’s acquisition of 4,500 bitcoin miners follows other major purchases of bitcoin mining machines by large-scale operations this year. For instance, at the end of August, Genesis Digital Assets bought 20,000 bitcoin miners from Canaan. During the first week of August, Marathon purchased 30,000 bitcoin mining rigs from Bitmain. Foundry US has been partnering with a number of operations and has increased in capacity a great deal. At the end of December 2020, Cleanspark acquired the U.S. bitcoin miner ATL Data Centers for $19.4 million.