Bitcoin Miner CleanSpark Reaches 2 EH/s Hashrate Capacity

2 years ago
  • Nasdaq-listed miner CleanSpark said it present boasts 2 EH/s of hashrate capacity.
  • The miner doubled its hashrate capableness successful conscionable a fewer months.
  • CleanSpark is besides implementing solutions to maximize mining efficiency, including immersion-cooling.

CleanSpark, a Nasdaq-listed bitcoin mining and vigor exertion company, announced connected Monday that its operations person reached 2 exahashes per 2nd (EH/s) of hashrate capacity, enabling the miner to nutrient astir 10 bitcoin per day.

“We person much capableness coming, successful presumption of some machines and entree to further energy,” said Zach Bradford, CEO of CleanSpark, successful a connection sent to Bitcoin Magazine. “In fact, we judge we are 1 of the astir businesslike miners successful presumption of hashrate per megawatt and we are connected way to support that.”

The announcement marks the actualization of CleanSpark’s plans to treble its hashrate since announcing it had joined the Foundry USA Pool successful September, erstwhile it moved 1 EH/s to the North American bitcoin mining pool. The pursuing month, the institution employed portion of its BTC reserves to purchase 4,500 Antminer S19 bitcoin mining machines and anticipated the bargain to summation its hashrate capableness by 45%, adding 450 petahashes per 2nd (PH/s).

“Given however overmuch web trouble is increasing, if you’re not growing, you’re regressing,” said Matt Schultz, CleanSpark’s enforcement chairman, successful a statement. “Our accelerated maturation is the nonstop effect of our teams’ hard enactment and dedication to the Bitcoin network.”

In summation to expanding mining capacity, CleanSpark has besides acceptable retired to summation mining ratio arsenic the institution seeks to capitalize connected each disposable hashrate installed.

In December, the miner purchased immersion-cooling technology to instrumentality connected its 20-megawatt installation successful Norcross, Georgia, successful a propulsion to summation its bitcoin mining ratio by astatine slightest 20%. The institution said the installation would beryllium gradual, with the archetypal 8 MW being installed by February.

CleanSpark said it is doing a bid of giveaways to observe the caller achievement. From January 31 to February 4, the miner volition station regular Bitcoin-related trivia questions connected Twitter. The archetypal 2 followers of CleanSpark's Twitter account to correctly reply the question of the time volition each person 1 walk to the Bitcoin 2022 conference successful Miami.

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