The company said the site is expected to add 2.6 EH/s to its hashrate when all 86MW of power is fully operational in 2023. Schultz added that the market downturn has allowed the company to take advantage of opportunities that may have not been available if the market was stable.ĬleanSpark’s fleet of 37,000 miners currently produces 14.9 BTC on average per day across all of its locations with a capacity of 3.8 exahashes per second (EH/s). 09:16 AM EDT, (MT Newswires) - CleanSpark (CLSK) said Friday that it has completed its acquisition of an active Bitcoin mining facility in Washington, Georgia. All of the purchased miners should be delivered and operational by November of this year.Īdditionally, CleanSpark’s recent investment and deployment strategy diverges from many companies in the mining industry who have either capitulated or shut down operations due to market volatility.Įxecutive Chairman Matt Schultz explained that CleanSpark is prepared for further challenges if they arise. CleanSpark is a technology company that provides advanced software solutions for energy microgrid management systems, and its involvement in Bitcoin mining is just one aspect of its operations. With an increase in profits and revenue from this move, the company notes that the recent acquisition and deployment of these machines was done sooner than expected. Bradford added that CleanSpark’s return on investment has now “accelerated.” On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. ![]() This decision ultimately reduced the amount of time between deploying capital and turning each machine on. CleanSpark, Inc., a Nevada corporation, is an energy technology and clean Bitcoin mining Company that is focused on solving modern energy challenges. Tweet this CleanSpark currently operates Bitcoin mining rigs capable of processing approximately 315 PH/s within its Atlanta. According to the announcement, the mining company bought more than 6,000 ASIC miners between June and August.īradford added that the company’s strategy to acquire more Bitcoin mining machines has positioned the company to execute purchases of landed rigs at much lower prices. CleanSpark has reported that the firm mined a record 697 bitcoin in a single month, an increase of 50 from December 2022’s amount. CleanSpark Announces 95 Carbon-Free Bitcoin Mining Success. 1,800 units were bought by the company in July, while 1,000 more were acquired the month before. Throughout the summer, CleanSpark has been accumulating a large number of miners. ![]() ![]() (Nasdaq: CLSK) has recently purchased 10,000 brand new Bitmain Antminer S19j Pro ASIC miners from Cryptech Solutions for $28 million.ĭuring the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then industry trend of pre-ordering equipment months in advance.
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