2 years ago
The determination has 36 MW presently disposable and tin standard up to 86 MW and the institution purchased an further 3,400 Antminers adding 340 PH/s to its hash rate.
- CleanSpark acquired an operationally acceptable bitcoin mining installation successful Washington, Georgia.
- The installation was owned by bitcoin mining institution Waha Technologies and is scalable to 86 MW.
- CleanSpark besides purchased an further 3,400 Antminers which volition adhd implicit 340 PH/s to the company’s hash complaint capacity.
CleanSpark Inc, a North American sustainable Bitcoin mining company, has acquired an progressive mining installation successful Washington, Georgia for $16.2 million, per a property merchandise sent to Bitcoin Magazine.
“This concern volition diversify our section industry, make agrarian exertion jobs, grow our electrical lawsuit base, and put successful our community,” said Washington Mayor Bill deGolian.
This acquisition is scalable and tin adhd up to 86 megawatts (MW) oregon 2.6 exahashes per 2nd (EH/s) to the increasing capableness of CleanSpark. Currently, the installation operates astatine 36 MW with a hash complaint of 1.1 EH/s expanding the sustainable miners hash complaint by 38%.
CleanSpark volition capable the archetypal capableness of 36 MW with machines that person already been purchased and are successful inventory, but the acquisition allows the institution exclusive rights to standard the installation to the aforementioned 86 MW.
Furthermore, the institution has purchased 3,400 further Antminer S19 bid miners for $8.9 million, which volition bolster the company’s hash complaint by 340 petahashes per 2nd (PH/s) erstwhile afloat deployed.
This astir caller acquisition marks the 3rd sustainable installation CleanSpark has located successful Georgia, with the different 2 being successful College Park and Norcross. All of these locations chiefly usage low-carbon vigor sources, specified arsenic atomic energy.
Truly, marketwide capitulations person staggered galore successful the bitcoin ecosystem. Those aforesaid marketplace conditions created the accidental for CleanSpark to acquisition this installation initially helmed by Waha Technologies, different sustainable bitcoin mining company.
“The marketplace has been preparing each summertime for consolidation, and we are pleased to beryllium connected the acquiring side,” said Zach Bradford, CEO of CleanSpark.
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