U.S. Bitcoin miner CleanSpark Inc. has announced a strategic agreement that could see it purchase up to 160,000 miners by the end of 2024. According to CleanSpark’s January 8 statement, the company purchased 60,000 units Bitmain Antminer S21 at a price of $16.10 per terahash, for a total price of $193.2 million. Deliveries are expected between April and June 2024. Additionally, the company may exercise a strategic call option to purchase an additional 100,000 machines at $16 per terahash by the end of 2024. If 160,000 miners are installed, CleanSpark expects its hash rate to reach 50 exahashes per second (EH/s), a 400% increase from the current 10 EH/s.
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