CleanSpark Acquires 4.4 EH/s Of New Antminer S21 Bitcoin Miners; Expects To Achieve Hashrate Of Over 20 EH/s
Portfolio Pulse from Benzinga Newsdesk
CleanSpark Inc. (NASDAQ:CLSK) has purchased 4.4 exahashes per second (EH/s) of the recently announced Antminer S21 bitcoin mining machines. The new machines are expected to increase the company's capacity and reduce energy costs per bitcoin mined. The machines, which are expected to start arriving in January 2024, were purchased with favorable terms, including 20% seller-based financing of the total purchase price. Once all machines are deployed, CleanSpark's mining fleet is expected to average 23.5 joules per terahash (J/TH).

October 11, 2023 | 1:02 pm
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CleanSpark's acquisition of Antminer S21 bitcoin miners is expected to increase its mining capacity and reduce energy costs, potentially improving its profitability. The machines are expected to start arriving in January 2024.
The acquisition of the Antminer S21 bitcoin miners, which are more efficient than previous models, is expected to increase CleanSpark's mining capacity and reduce its energy costs per bitcoin mined. This could potentially improve the company's profitability. The machines are expected to start arriving in January 2024, which could lead to a positive impact on the company's performance from that point onwards.
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