Cryptocurrency News

CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’

2022.07.15 15:42

CleanSpark scoops up 1K+ mining rigs at 'substantially discounted price'
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’

Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted price” compared to that earlier in 2022.

In a Thursday blog spot, CleanSpark said it had acquired 1,061 Whatsminer M30S rigs currently mining Bitcoin (BTC) at the Coinmint facility in New York, whose space the company shares with Riot Blockchain (NASDAQ:RIOT). The mining firm said it had purchased the machines for far less of price than that “just a few months ago,” hinting the recent bear market was responsible. CleanSpark also bought 1,800 Antminer S19 XP (NASDAQ:XP) rigs in June following the market downturn.

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