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The Markets
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Software & services

CleanSpark set to add new bitcoin mining machines as the cryptocurrency hits an all-time high

The company estimates the purchase will increase its sustainable bitcoin mining capacity by an additional 225 quadrillion ‘peta’ hashes per second (PH/s)

CleanSpark Inc (NASDAQ:CLSK) said it has bought an additional 2,250 units of the Antminer S19j pro bitcoin (BTC) mining machine, with delivery scheduled to begin next month and be completed by July 2022.

The company estimates the purchase will increase its sustainable bitcoin mining capacity by an additional 225 quadrillion ‘peta’ hashes per second (PH/s).

CleanSpark noted it currently operates more than 10,000 bitcoin miners and 26,830 new miners are now slated for delivery over next 12 months.

READ: CleanSpark uses its mined bitcoin to fund 4,500 newest generation miners

The company announced earlier this month that it used some of its BTC holdings towards the purchase of 4,500 units and intends to execute a similar strategy for future payments of these units.

It added that it expects to have the data center space for the machines ready to plug and play in time for each consecutive delivery.

One bitcoin is currently valued at US$64,296.90.

CleanSpark is an energy technology and sustainable bitcoin mining company that is focused on solving modern energy challenges. The company and its subsidiaries also own and operate a fleet of bitcoin miners at its facilities outside of Atlanta, Georgia.

Contact Sean at sean@proactiveinvestors.com

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