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Bitcoin Mining Company CleanSpark Acquires 86 MW Mining Facility

Bitcoin Mining Company CleanSpark Acquires 86 MW Mining Facility
  • CleanSpark obtained an operationally ready bitcoin mining facility in Washington, Georgia.
  • The flexibility used to be owned by bitcoin mining firm Waha Technologies and is scalable to 86 MW.
  • CleanSpark moreover bought an additional 3,400 Antminers which will add over 340 PH/s to the firm’s hash rate ability.

CleanSpark Inc, a North American sustainable Bitcoin mining firm, has obtained an energetic mining facility in Washington, Georgia for $16.2 million, per a statement despatched to Bitcoin Journal.

“This partnership will diversify our native industry, create rural technology jobs, expand our electric buyer wrong, and invest in our neighborhood,” stated Washington Mayor Invoice deGolian.

This acquisition is scalable and can add up to 86 megawatts (MW) or 2.6 exahashes per 2nd (EH/s) to the increasing ability of CleanSpark. Currently, the facility operates at 36 MW with a hash rate of 1.1 EH/s increasing the sustainable miners hash rate by 38%.

CleanSpark will have the preliminary ability of 36 MW with machines that fetch already been bought and are in stock, nonetheless the acquisition enables the firm new rights to scale the facility to the aforementioned 86 MW.

Furthermore, the firm has bought 3,400 extra Antminer S19 series miners for $8.9 million, which will bolster the firm’s hash rate by 340 petahashes per 2nd (PH/s) as soon as fully deployed.

This most most up-to-date acquisition marks the third sustainable facility CleanSpark has positioned in Georgia, with the more than a few two being in School Park and Norcross. All of these locations essentially exercise low-carbon energy sources, equivalent to nuclear energy.

Genuinely, marketwide capitulations fetch staggered many within the bitcoin ecosystem. Those identical market conditions created the different for CleanSpark to gain this facility first and foremost helmed by Waha Technologies, one more sustainable bitcoin mining firm.

“The market has been preparing all summer season for consolidation, and we are delighted to be on the shopping side,” stated Zach Bradford, CEO of CleanSpark.

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