CleanSpark announces acquisition of four Bitcoin mining facilities

Bitcoin mining steadfast CleanSpark said that it volition get 4 caller mining facilities successful a property merchandise published connected Feb. 6.

The institution said it has entered definitive agreements to get 3 “turnkey” Bitcoin mining facilities successful Mississippi.

Zach Bradford, CEO of CleanSpark, said:

“With the summation of Mississippi to our portfolio, we are gradually expanding our geographic diverseness and expect to use our proven way grounds of occurrence successful this caller and breathtaking operating environment.”

The acquisition of those 3 locations involves a $19.8 cardinal currency woody and is planned to adjacent wrong 21 days. After the woody is closed, the 3 Mississippi facilities volition person a combined hashrate of 2.4 EH/s (exahashes per second).

CleanSpark announced that it volition get different mining installation nether operation successful Dalton, Georgia. That woody involves an archetypal currency outgo of $3.4 million, and different planned $3.5 cardinal investment. CleanSpark expects that the task volition beryllium completed and operational by April 2024. The institution expects to spot 2.4 EH/s crossed each Dalton locations, each with 0.8 EH/s.

CleanSpark reports 10 EH/s, targets fivefold increase

CleanSpark’s announcement indicates that it has a full 10 EH/s of hashpower crossed its Georgia locations (Dalton, Sandersville, Washington, College Park), Mississippi, and co-locations. Expansions should bring that full to 20 EH/s.

CleanSpark announced successful January that it had entered an statement to get respective 1000 Antminer S21 Bitcoin mining machines. The institution said that it purchased the archetypal 60,000 devices for $193.2 million, and the statement allows for an further 100,000 devices. CleanSpark has stated that this acquisition volition assistance it execute a full hashrate of 50 EH/s.

CleanSpark banal (CLSK) was up 0.94 points (12.11%) connected Feb. 6, outperforming its rival crypto mining firms. Riot Platforms (RIOT) was up 0.47 points (4.55%) implicit the aforesaid period, portion Marathon Digital (MARA) was up 0.42 points (2.52%).

The station CleanSpark announces acquisition of 4 Bitcoin mining facilities appeared archetypal connected CryptoSlate.