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- CleanSpark (NASDAQ:CLSK) purchases 4,500 units of the Antminer S19 bitcoin mining machine, that was partially funded through a portion of the company's BTC holdings.
- Delivery of the machines are scheduled to start next month and be completed by July 2022.
- Company estimates that its sustainable bitcoin mining capacity will increase by a computing power of 450 PH/s, equivalent to almost 45% of the company's current capacity, after the purchased machines are fully operational.
- The company currently operates over 10,000 miners and expects to have the data center space for the machines ready to plug and play before each consecutive delivery.
- Contributor comments on the stock: 'CleanSpark: Be Aware Of These Red Flags Before Investing'