- CleanSpark boosted its Hashrate by purchasing Crypto Mining machines.
- CleanSpark will purchase 6,468 last-generation mining ASICs for around $9.5 million.
On 9 September Friday, CleanSpark, a Crypto mining firm, revealed that it is acquiring Mawson’s Bitcoin mining facility in Sandersville, , for the amount of $33 million.
The motto of dealing and acquiring machines will ultimately increase the hash rate by 1.4 exahashes per second(EH/s) in the upcoming few months and around 7.0 EH/s until the end of the second quarter of 2022.
In agreement, CleanSpark will purchase 6,468 last-generation mining ASIC'Ier for around $9.5 million or $17 per terahash. And the company further explained that “These machines, already operating at the acquired site, will add over 558 petahashes per second (PH/s) of computing power immediately upon closing.”
CleanSpark will pay up to $42.5million, including up to $11 million in CleanSpark stock and $4.5 million in earn-out commitments. The site in Georgia can support up to 24,108 latest-generation miners, and the company plans to extend to support 70,000 miners having over 7.0 EH/s in 2023.
Source: https://www.thecoinrepublic.com/2022/09/10/cleanspark-purchased-mining-equipment-for-33-million-in-georgia/