{"id":51119,"date":"2021-10-13T12:37:37","date_gmt":"2021-10-13T09:37:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51119"},"modified":"2025-09-02T21:58:24","modified_gmt":"2025-09-02T18:58:24","slug":"cleanspark-used-mined-bitcoin-to-buy-4500-antminer-s19-miners","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cleanspark-used-mined-bitcoin-to-buy-4500-antminer-s19-miners\/","title":{"rendered":"CleanSpark used mined Bitcoin to buy 4,500 Antminer S19 miners"},"content":{"rendered":"<p>Nasdaq-listed mining company CleanSpark has purchased 4,500 Antminer S19 Bitcoin-mining devices. The purchase was partly financed with the firm\u2019s assets in the first cryptocurrency.<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Pleased to announce our latest purchase of 4,500 newest generation <a href=\\\"https:\/\/twitter.com\/hashtag\/bitcoinmining?src=hash&#038;ref_src=twsrc%5Etfw\\\">#bitcoinmining<\/a> machines, with deliveries starting next month!<\/p>\n<p>We <a href=\\\"https:\/\/twitter.com\/hashtag\/hodl?src=hash&#038;ref_src=twsrc%5Etfw\\\">#hodl<\/a> and use <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a>.<\/p>\n<p>Read on to learn more: <a href=\\\"https:\/\/t.co\/dYbeoa01Kq\\\">https:\/\/t.co\/dYbeoa01Kq<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/CLSK?src=hash&#038;ref_src=twsrc%5Etfw\\\">#CLSK<\/a><\/p>\n<p>\u2014 CleanSpark Inc. (@CleanSpark_Inc) <a href=\\\"https:\/\/twitter.com\/CleanSpark_Inc\/status\/1447934673267605506?ref_src=twsrc%5Etfw\\\">October 12, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n<\/div>\n<\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p>Delivery is set to begin in early November 2021 and run through July 2022.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to CleanSpark, once the purchased batch is online, its hash rate will rise by about 450 PH\/s.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The firm says its fleet totals more than 10,000 ASIC devices, and over the next 12 months it expects to receive 24,580 units.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Regarding selling a portion of mined bitcoins to finance equipment, the firm says it sees value in digital currencies as a means of exchange.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;Investing a portion of mined Bitcoin in purchasing additional miners, the company aims to bring these coins back into circulation. CleanSpark also intends to continue its strategy of accumulating digital assets,&#8221; the statement said.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to third-quarter 2021 results, analysts estimated that US-listed mining companies <a href=\"https:\/\/forklog.com\/en\/news\/us-listed-mining-companies-hold-1-1-billion-in-bitcoin-on-their-balance-sheets\">accumulated a total of more than 20,459 BTC<\/a> (~$1.1 billion).<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>As reported earlier, CleanSpark <a href=\"https:\/\/forklog.com\/en\/news\/cleanspark-becomes-a-client-of-the-foundry-usa-pool\">joined<\/a> the Foundry USA mining pool along with <a href=\"https:\/\/forklog.com\/en\/news\/bit-digital-joins-foundry-usa-pool-with-5679-bitcoin-miners\">Bit Digital<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/bitfarms-becomes-a-client-of-the-foundry-usa-mining-pool\">Bitfarms<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/hive-buys-3019-miners-from-dcg-subsidiary\">Hive<\/a>, BitDeer, Core Scientific, Greenidge and <a href=\"https:\/\/forklog.com\/en\/news\/foundry-digital-opens-mining-pool-for-institutional-clients\">Foundry<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed mining company CleanSpark purchased 4,500 Antminer S19 Bitcoin mining devices. The purchase was partly financed with the firm\u2019s assets in the first cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":51120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1180,1137,26],"class_list":["post-51119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cleanspark","tag-cryptocurrency-mining","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51119"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51119\/revisions"}],"predecessor-version":[{"id":51121,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51119\/revisions\/51121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/51120"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}