CleanSpark announces agreement for up to 160,000 Bitmain S21 miners

CleanSpark announced the purchase of up to 160,000 Bitmain S21 miners, or the equivalent of 32 exahashes per second. Under the terms of the agreement, CleanSpark, one of the largest and most efficient publicly traded bitcoin mining companies in North America, has purchased 60,000 units with delivery expected April through June 2024. The agreement also includes a strategic call option to purchase an additional 100,000 machines at a fixed price of $16.00 per terahash until the end of the calendar year. If the full call option is exercised, CleanSpark’s hashrate is expected to increase to approximately 50 EH/s, a 400% increase from its current hashrate of 10 EH/s, once all machines are deployed.