U.S. Bitcoin miner CleanSpark today announced the closing of a $144.9 million deal to purchase 45,000 of Bitmain’s Antminer S19 XP Bitcoin mining machines, which will be delivered by the end of September to its facility in Sandersville, Georgia. 

The first wave of 25,000 miners will arrive in batches throughout August with the rest arriving the following month; all machines are expected to be deployed by year’s end. 

Once deployed, CleanSpark’s fleet in Georgia will have added 6.3 exahashes per second (EH/s) of computing power to the company’s current capacity of 6.7 EH/s, making for a 95% increase. 

CleanSpark also purchased 20,000 miners in February, which are currently being delivered to the company’s Washington facility, which is also in Georgia. When these machines are up and running later this quarter, the Washington facility will add 2.44 EH/s to the company’s total operational hash rate. 

CleanSpark now claims to have a total of 15.9 EH/s either deployed or under contract, with an end-of-year target of hitting a staggering 16 EH/s.

To put that into perspective, according to an estimate by CoinWarz, the total hash rate of the Bitcoin mining network sits at a little under 322.53 EH/s today.

So if all the machines were to come online today, CleanSpark would have cornered roughly 5% of Bitcoin’s global computing power. 

Clean mining< Go to Source to See Full Article
Author: Tim Hakki

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