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CleanSpark announces acquisition of four Bitcoin mining facilities

February 8, 2024
in Crypto Mining
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Bitcoin mining agency CleanSpark stated that it’s going to purchase 4 new mining services in a press launch printed 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 progressively rising our geographic variety and count on to use our confirmed monitor file of success on this new and thrilling working setting.”

The acquisition of these three places entails 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’s going to purchase one other mining facility below development in Dalton, Georgia. That deal entails an preliminary money cost of $3.4 million, and one other deliberate $3.5 million funding. CleanSpark expects that the challenge will likely be accomplished and operational by April 2024. The corporate expects to see 2.4 EH/s throughout all Dalton places, every with 0.8 EH/s.

CleanSpark stories 10 EH/s, targets fivefold improve

CleanSpark’s announcement signifies that it has a complete 10 EH/s of hashpower throughout its Georgia places (Dalton, Sandersville, Washington, School 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 a further 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 companies. 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%).



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