Bitcoin mining agency CleanSpark mentioned that it’ll purchase 4 new mining amenities in a press launch printed on Feb. 6.
The corporate mentioned it has entered definitive agreements to accumulate three “turnkey” Bitcoin mining amenities in Mississippi.
Zach Bradford, CEO of CleanSpark, mentioned:
“With the addition of Mississippi to our portfolio, we’re steadily rising our geographic range and count on to use our confirmed monitor file of success on this new and thrilling working atmosphere.”
The acquisition of these three areas entails a $19.8 million money deal and is deliberate to shut inside 21 days. After the deal is closed, the three Mississippi amenities may have a mixed hashrate of two.4 EH/s (exahashes per second).
CleanSpark introduced that it’ll purchase one other mining facility underneath building in Dalton, Georgia. That deal entails an preliminary money fee of $3.4 million, and one other deliberate $3.5 million funding. CleanSpark expects that the challenge shall be accomplished and operational by April 2024. The corporate expects to see 2.4 EH/s throughout all Dalton areas, every with 0.8 EH/s.
CleanSpark experiences 10 EH/s, targets fivefold enhance
CleanSpark’s announcement signifies that it has a complete 10 EH/s of hashpower throughout its Georgia areas (Dalton, Sandersville, Washington, Faculty Park), Mississippi, and co-locations. Expansions ought to carry that whole to twenty EH/s.
CleanSpark introduced in January that it had entered an settlement to acquire a number of thousand Antminer S21 Bitcoin mining machines. The corporate mentioned that it bought the primary 60,000 units for $193.2 million, and the settlement permits for an extra 100,000 units. CleanSpark has acknowledged that this acquisition will assist it obtain a complete hashrate of fifty EH/s.
CleanSpark inventory (CLSK) was up 0.94 factors (12.11%) on Feb. 6, outperforming its rival crypto mining corporations. Riot Platforms (RIOT) was up 0.47 factors (4.55%) over the identical interval, whereas Marathon Digital (MARA) was up 0.42 factors (2.52%).