Today, big bitcoin miner CleanSpark introduced its buy of 4,500 Antminer S19 bitcoin mining machines, which have been bought utilizing among the firm’s BTC reserves. The machines are anticipated to be delivered beginning subsequent month, with future deliveries ongoing by July 2022.
When all of the miners are up and operating, a rise within the firm’s computing energy by 450 PH/s is anticipated, which might be a forty five% improve of their present computing energy.
“By making a conscious effort to reinvest in additional production, we are taking a market-based approach to our mining operations and maximizing value for our shareholders,” mentioned Zach Bradford, CEO of CleanSpark. “We understand that using our bitcoin to support our operations and expansion is a paradigm shift for the digital currency mining industry in North America. We hope to continue to lead the market with these bold moves.”