CleanSpark declares acquisition of 4 Bitcoin mining services
Bitcoin mining agency CleanSpark stated that it’ll purchase 4 new mining services in a press launch revealed on Feb. 6.
The corporate stated it has entered definitive agreements to amass three “turnkey” Bitcoin mining services in Mississippi.
Zach Bradford, CEO of CleanSpark, stated:
“With the addition of Mississippi to our portfolio, we’re steadily growing our geographic variety and count on to use our confirmed monitor document of success on this new and thrilling working atmosphere.”
The acquisition of these three areas includes a $19.8 million money deal and is deliberate to shut inside 21 days. After the deal is closed, the three Mississippi services may have a mixed hashrate of two.4 EH/s (exahashes per second).
CleanSpark introduced that it’ll purchase one other mining facility beneath development in Dalton, Georgia. That deal includes an preliminary money cost of $3.4 million, and one other deliberate $3.5 million funding. CleanSpark expects that the undertaking 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 convey 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 stated that it bought the primary 60,000 units for $193.2 million, and the settlement permits for an extra 100,000 units. CleanSpark has said 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%).
