CLSK News (Patreon)
Published:
2023-10-11 16:00:10
Imported:
2023-10
Content
Here's the TLDR
- Acquisition Details: CleanSpark has purchased 4.4 EH/s of Antminer S21 Bitcoin Miners.
- Projected Hashrate: CleanSpark expects to achieve a hashrate of over 20 EH/s.
- Efficiency: The new S21 miners have an efficiency rating of 17.5 joules per terahash (J/TH), which is 20% more efficient than the previous best, the XP.
- Operational Efficiency After Installation: Once all S21 machines are operational, CleanSpark expects an efficiency of 23.5 J/TH, a 17.25% improvement from their previous 28.4 J/TH.
- Purchase Financing: The machines were purchased with terms that include 20% seller-based financing of the total purchase price, which amounts to $12.35 million or $2.80/TH.
- Payment Terms: The financed amount is not due for 365 days after the machines are delivered.
- Delivery Date: The machines are expected to start arriving in January 2024.
- Positioning: CleanSpark is among the largest and most efficient publicly traded bitcoin miners in North America.