On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining rigs. The latest ASIC acquisition follows Cleanspark’s recent purchase contract to buy 1,800 Antminer S19 XP units for “an exceptionally discounted price.”
The bitcoin mining company further noted that the 1,800 Antminer S19 XP bitcoin mining machines acquired in mid-June were also purchased at a discounted rate. “Our tried-and-true hybrid approach of co-locating our machines while expanding our own mining facilities puts us in an excellent position to sustainably grow our bitcoin mining capacity in what is shaping up to be an incredible market for builders,” Bradford remarked after the ASIC device acquisition.
Cleanspark disclosed that the firm’s computational power has risen 47% during the past six months and the company’s bitcoin production grew by 50%. “These important KPIs underscore the fact that our growth is outpacing global hashrate, particularly our ability to stay ahead of network difficulty adjustments. We believe that our operational strategy focused on efficiency, up-time and execution will allow these metrics to continually improve,” Bradford added.
What do you think about Cleanspark purchasing 1,061 ASIC miners and explaining that there are “unprecedented opportunities” in this bear market? Let us know your thoughts about this subject in the comments section below.
