CleanSpark Boosts Mining Capacity With New Machinery Worth...

17 Apr 2023
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CleanSpark Boosts Mining Capacity With New Machinery Worth $145 Million

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BTC miner described the Antminer S19 XP as “the most power-efficient” mining machinery available on the market. The US-based cryptocurrency miner – CleanSpark – purchased 45,000 units of the Antminer S19 XP BTC mining machines for $144.9 million. The current computing power of CleanSpark is 6.7 EH/s, while the installation of the new equipment is expected to push it to 13 EH/s.

According to the deal, the manufacturer will distribute 25,000 units in August, while the remaining 20,000 should arrive in September. CleanSpark plans to deploy all of them at its mining facility in Sandersville, Georgia. Zach Bradford – CEO of CleanSpark – said the Antminer S19 XP is “the most power-efficient bitcoin mining machine available in the market today” and raised hopes it will turn into a “key component” for the company’s operations. He explained that the multi-million purchase and the delivery of first-class machinery is part of the firm’s strategy prior to the Bitcoin halving that is expected to occur in the spring of 2024.
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