Popular Bitcoin (BTC) mining company CleanSpark has purchased mining devices for around $6 million.
The crypto bear market has deeply affected the entire industry. In the last year, project bankruptcies and mining costs have risen, along with the eroded assets of investors. Rising energy costs due to the global economy contrasted with falling earnings due to the bear market. While many mining companies decide to stop their services, some of them continue their investments. One of them, CleanSpark, added 3.9 thousand new mining devices to its structure.
CleanSpark Continues Bitcoin Mining Investments
Bitcoin mining company CleanSpark is playing the top of the industry with its investments. The company increased its mining devices to 26.5 thousand.
In a statement made by the company, crypto continues to grow aggressively despite the bear market. According to the statement from the company, 3.9 thousand Bitmain Antminer S19j Pro mining devices have been added to the inventory. The company paid about $6 million for all these devices.
The mining company purchased the devices for about $15.5 per terahash. The normal selling price of this efficiency device stands out as $24.26 per terahash. This acquisition by the company was deemed quite lucrative.
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