Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site

2 years ago
 Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site

Bitcoin mining operations proceed to motortruck connected done the crypto wintertime arsenic a fig of miners person revealed enlargement plans during the past week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining installation from Mawson Infrastructure. Reports enactment that Arsenal Digital Holdings acquired an underground information halfway extracurricular Houston and immoderate radical fishy it’s Westland Oil’s infamous fallout bunker. Additionally, the CEO and laminitis of Terawulf revealed the company’s Lake Mariner information halfway is up and moving with 1 exahash per 2nd (EH/s) of SHA256 hashrate.

Arsenal Digital Holdings Reportedly Acquires the Infamous Westland Oil Bunker Outside of Houston

On Friday, it was reported that Arsenal Digital Holdings (OTCMKTS: ADHI) acquired a “50-acre operational information halfway field comprised of a four-story bureau building.” The installation is said to person a “two-story subterranean campus,” with an further 100,000 quadrate feet of space. The tract is already acceptable to instrumentality connected 15 megawatts (MW) of capacity, according to a report published by Dan Swinhoe.

Swinhoe besides details that the tract is apt the erstwhile Westland Oil bunker. When the bunker was primitively constructed successful 1982, it was reportedly “shrouded successful secrecy and protected by equipped guards.” Westland Oil laminitis Louis Kung built the spot for his family, friends, and employees successful bid to “protect 350 adults for up to 3 months.” In 2004 the bunker was converted into a information center, and successful 2008 the site’s information halfway was upgraded.

Swinhoe says the tract went connected merchantability successful 2021 and the proprietor was asking $39 million. The newsman further quotes Arsenal’s CEO Ryan Messer who said: “Data centers are among the astir highly coveted assets successful the integer infrastructure space, and we are arrogant to marque this acquisition a foundational plus for the institution arsenic it volition beryllium a existent flagship location.”

Cleanspark Acquires Turnkey Bitcoin Mining Facility From Mawson

The aforesaid day, Cleanspark (Nasdaq: CLSK) announced that the mining institution finalized an statement with Mawson Infrastructure Group to get a “turnkey bitcoin mining facility.” “The already operational tract successful Sandersville, Georgia, includes 80 MW of full capableness supporting 2.4 EH/s of bitcoin mining,” the property announcement elaborate connected September 9. The quality follows Cleanspark’s caller acquisition of 10,000 Bitmain-brand Antminers.

“We are pleased to invited Mawson’s Sandersville tract and its operating teams into the Cleanspark family,” Zachary Bradford, Cleanspark’s main enforcement serviceman said connected Friday. “The tract is thing but impressive— well-run by implicit 20 dedicated professionals who person taken important pridefulness successful the design, development, and attraction of the site,” the CEO added.

Terawulf’s Lake Mariner Bitcoin Mining Site Is up and Running With 1 EH/s

Paul Prager, the CEO of the bitcoin mining steadfast Terawulf (Nasdaq: WULF) tweeted connected September 9 that the company’s Lake Mariner cognition is up and moving with 1 EH/s and utilizing 30 MW of capacity. Prager explained that the tract has 10,000 miners moving astatine the infinitesimal and the institution plans to “keep coming connected astatine Lake Mariner and Susquehanna.” The Terawulf CEO said that it completed “3 immense milestones.”

“A large acknowledgment for those investors who stay constructive and supportive [through] challenging markets,” Prager concluded. “WULF infrastructure is incomparable and our energy pricing unchangeable and low. We volition bring it home.”

What bash you deliberation astir the caller enlargement announcements from Arsenal, Cleanspark, and Terawulf? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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