CleanSpark Announces Completion Of Georgia Expansion, Surpasses 8 EH/s

9 months ago 67

CleanSpark Inc. has announced the completion of signifier 2 of its mining field enlargement successful Washington, Georgia. The enlargement is expected to summation CleanSpark's bitcoin mining compute powerfulness by 1.8 exahashes per 2nd (EH/s) to a full of 8.5 EH/s. The institution has acceptable lofty goals of reaching a people of 16 EH/s by the extremity of the year. The Washington field has a powerfulness capableness of 50 megawatts (MW) and presently operates implicit 10,500 mining machines, with a full concern of implicit $100 million.

Zach Bradford, CEO of CleanSpark, expressed his appreciation for the palmy execution of the expansion, highlighting the method expertise and enactment from the section community. He stated, "This enlargement has already helped america get much than halfway to our year-end guidance of 16 EH/s."

CleanSpark has been actively pursuing maturation opportunities, peculiarly during the caller carnivore cycle. Last month, the institution acquired a turnkey bitcoin mining campus successful Dalton, Georgia, consisting of 2 sites, for $9.3 million. In summation to that, successful the aforesaid period the institution announced the acquisition of more than 12,000 cutting borderline mining machines.

The enlargement successful Washington, Georgia, has marked different milestone for CleanSpark arsenic it continues to summation its bitcoin mining capacity. 

Read Entire Article