Featured

CleanSpark ($CLSK) Acquires Plug-in Ready Bitcoin Mining Facility Scalable to 86 Megawatts



Published
CleanSpark ($CLSK) has announced a definitive agreement to acquire an active bitcoin mining facility located in the state of Georgia for $16.2 million.

The Company says that it has also purchased approximately 3,400 of the latest generation Antminer S19 series of machines for $8.9 million. These machines, already operating at the acquired site, will add over 340 petahashes per second (PH/s) of computing power. The Company says it will fill the remaining balance of the 36 MW with machines already on hand. The site has exclusive rights to an additional 50 MW of power, making the site scalable to 86 MW.

CleanSpark CEO Zach Bradford commented: “We are excited to expand our footprint in the state of Georgia. The market has been preparing all summer for consolidation, and we are pleased to be on the acquiring side. Our focus on sustainability and maximizing value for our stakeholders have put us in a unique position to take advantage of the unprecedented opportunities that the current market has created.”

The site is CleanSpark’s third clean-energy campus in Georgia, with other locations in College Park and Norcross. It draws power predominantly from low-carbon sources, such as nuclear energy.

Shares of CleanSpark trade on the NASDAQ under the symbol CLSK. For more information visit www.greenstocknews.com

#cleantech #blockchain #crypto #bitcoin #bitcoinmining #clsk #cleanspark
Category
Cryptocurrency Mining
Be the first to comment