USA – clean spark (NASDAQ 🙂 Inc., a prominent player in the bitcoin mining industry, has announced a significant expansion of its mining capabilities with the acquisition of up to 160,000 Bitmain S21 miners. This strategic move will quintuple the company’s current hashrate of 10 EH/s more than 50 EH/s by the end of the year.
The company has committed an initial investment of $193.2 million for the first batch of 60,000 units, with deliveries expected to begin between April and June 2024. Zachary Bradford, CEO of CleanSpark, emphasized the acquisition as a step key to maintaining operational efficiency and staying ahead of schedule. price increases tied to market trends, including the upcoming halving event.
Bradford also noted that the choice of Bitmain S21 miners is in line with CleanSpark’s dedication to energy-efficient mining practices. The company continues to align its operations with the broader industry trend toward environmentally responsible mining.
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