While cryptomarket is falling down CleanSpark buys mining equipment

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Elena Klimovich

17:31 15/07/2022

268
While cryptomarket is falling down CleanSpark buys mining equipment

Taking advantage of the situation, CleanSpark bought over 1000 Whatsminer M30S. Total hashrate of all machines is more than 93 PH/s and it has started work already.

 Note that according to the bearish market many miners and companies began to sell out not only bitcoins but equipment also. The situation became worse after news about Celsius Mining’s bankruptcy together with its parent company. As a result the supply has increased greatly.

Price declining notice in CleanSpark too and then decided to take these advantages. Moreover it is the second time the company bought the mining equipment. Earlier a contract was signed about purchasing 1800 Antminers S19 XP.

According to the CleanSpark representor, CEO, the company is not going to cut down its activity viceversa it is sure that there are a lot of abilities on the market right now. In the last 6 months mining capacities of CleanSpark and BTC-production have increased by 50%.


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