9 months ago
CleanSpark has intensified its Bitcoin mining efforts by acquiring 2 caller sites adjacent Clinton, Mississippi.
On Sept. 17, the Bitcoin miner revealed that the caller sites were purchased for $5.775 cardinal and tin enactment 16.5 megawatts.
According to the firm, the locations volition location S21 Pro miners, providing a combined operating hash complaint of astir 1 exahash per 2nd (EH/s). It added that it would person the tract turnkey-ready by Dec. 1. With these additions, the company’s information halfway capableness successful Mississippi volition turn to 60.5 MW.
Over the past week, CleanSpark’s operational capableness has surged by 38%, reaching 211.5 MW. This enlargement supports the company’s extremity of achieving a 37 EH/s capableness by the extremity of 2024 and 50 EH/s by 2025, according to CEO Zach Bradford.
In a abstracted update, CleanSpark confirmed the closure of its 45 MW tract successful Wyoming connected Sept. 11, 2024. Once operational, this installation is projected to lend an further 3 EH/s. The tract volition diagnostic immersion-cooled information centers supporting the latest S21 immersion XP miners.
Meanwhile, the latest quality comes little than a week aft CleanSpark announced it was purchasing 7 mining facilities and associated onshore successful Tennessee for $27.5 million.
Bitcoin mining focus
Mathew Schultz, CleanSpark’s co-founder, explained that these purchases demonstrated the firm’s continued absorption connected Bitcoin mining successful opposition to rivals diversifying into artificial quality (AI).
According to Schultz, portion galore miners are shifting to AI oregon utilizing resources for alternate tokens, CleanSpark is focused connected expanding its Bitcoin mining capacity.
Over the past months, AI-focused miners have expanded their information halfway infrastructure to pat into the opportunities successful the rapidly increasing AI sector. Notably, a Bernstein study noted that investors person a stronger condemnation successful this people of miners owed to their diversified gross watercourse and imaginable upside.
However, Schultz appears unbothered by this, noting that the rising request for Bitcoin and the firm’s strategy of adding megawatts and businesslike exahash capableness could assistance it fulfill its promises.
The station CleanSpark doubles down connected Bitcoin mining with caller Mississippi acquisitions appeared archetypal connected CryptoSlate.
English (US) 