Thursday, March 28, 2024

CleanSpark Declares Completion Of Georgia Growth, Surpasses 8 EH/s

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CleanSpark Inc. has introduced the completion of section two of its mining campus growth in Washington, Georgia. The growth is anticipated to extend CleanSpark’s bitcoin mining compute energy by 1.8 exahashes per second (EH/s) to a complete of 8.5 EH/s. The corporate has set lofty targets of reaching a goal of 16 EH/s by the top of the yr. The Washington campus has an influence capability of fifty megawatts (MW) and at the moment operates over 10,500 mining machines, with a complete funding of over $100 million.

Zach Bradford, CEO of CleanSpark, expressed his appreciation for the profitable execution of the growth, highlighting the technical experience and assist from the area people. He acknowledged, “This growth has already helped us get greater than midway to our year-end steerage of 16 EH/s.”

CleanSpark has been actively pursuing development alternatives, notably through the current bear cycle. Final month, the corporate acquired a turnkey bitcoin mining campus in Dalton, Georgia, consisting of two websites, for $9.3 million. Along with that, in the identical month the corporate introduced the acquisition of greater than 12,000 innovative mining machines.

The growth in Washington, Georgia, has marked one other milestone for CleanSpark because it continues to extend its bitcoin mining capability. 

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