

CleanSpark is working hard to increase its computational power to 16EH/S by the end of 2023. As a result, over half a dozen crypto-mining companies filed for bankruptcy by the end of 2022.īy the end of 2022, renowned crypto miners Core Scientific and Compute North filed for bankruptcy due to volatility in the crypto market. Since the last few months, the crypto mining sector has been highly affected by the lowering price of Bitcoin and the increasing price of energy.

CLSK has a total market capitalization of 264.40M USD. The yearly trading range is between $1.74-$13.91, meaning the CLSK stock lowest traded at $1.74 and had the highest trade at $13.91. In the trading session of the last one year, CLSK stock lost more than 67% of its trading price. Earlier in September 2022, it revealed that it was acquiring Mawson’s Bitcoin mining facility in Sandersville, Georgia, for $33 million.Īt press time CleanSpark(NASDAQ: CLSK) stock was trading at $3.39, and the price slipped by 4.78% in the last 24 hours. Reports say it’s not the first time CleanSpark purchased mining equipment. The selling price of mining rigs is often calculated in dollars per terahash a measuring unit is used to measure rigs’ computational power.
#Cleanspark price prediction install
CleanSpark is planning to install 15,000 rigs in the Washington, Georgia facility, which CleanSpark acquired from Waha Technology. The yet-to-be-installed rigs will increase the mining rate by 2.44 exahash/ per second. The mining rigs will be delivered in batches, and the order will be fulfilled by the end of May 2023. The company offered coupons and discounts to boost the sale of its newly launched product. S19j Pro+ is the advanced version of previous generation rigs and was launched in 2022.

As per the market prices, S19jPro+ is sold for $15.09 per TH, but the crypto miner purchased it for $13.25, which means the company got a discount of $1.84 per TH. CLSK stock gained more than 24% in the last one month.Īccording to Februpress releases CleanSpark, a crypto mining giant, played a smart move and placed a new order of 20,000 new mining rigs below market prices.ĬleanSpark confirms that it is to pay $32.2 million for 20,000 new Bitmain Antminer S19j Pro+ after using coupons and discounts.Cleanspark orders 20,000 mining rigs at a discounted price.
