CleanSpark Bitcoin Miners Get 20% Enhanced Mining Efficiency
CleanSpark, a leading player in the cryptocurrency mining sector, has made a significant move by acquiring 4.4 exahashes per second (EH/s) of the state-of-the-art Antminer S21 Bitcoin mining machines. CleanSpark’s CEO, Zach Bradford, expressed enthusiasm for the integration of these machines into their mining operations. He emphasized that this move aligns with their commitment to using the most efficient mining technology, which will not only enhance their mining capacity but also reduce energy costs per bitcoin mined.
The Antminer S21 boasts an impressive efficiency rating, consuming just 17.5 joules per terahash (J/TH). This remarkable efficiency outperforms the previous industry leader, the XP, by nearly 20%. The arrival of CleanSpark Bitcoin miners, scheduled for January 2024, is expected to further reduce CleanSpark’s power consumption per bitcoin mined, thereby boosting their profit margins. This acquisition underscores CleanSpark’s commitment to staying at the forefront of the cryptocurrency mining industry and capitalizing on technological advancements for the benefit of both the company and its investors. With these CleanSpark Bitcoin miners, the company anticipates not only increasing its mining capacity but also securing strong bitcoin production at sustainable margins, primarily funded through operating cashflows.
