CleanSpark Expands Bitcoin Mining Operations with New Facilities
Wednesday, 11 September 2024, 15:48
Enhancing Bitcoin Mining Capacity
CleanSpark has made a strategic investment, purchasing seven bitcoin mining facilities in Tennessee for $30 million. With this acquisition, the company anticipates an operating hashrate increase to 5 EH/s, elevating its current capacity by over 22%.
Impacts of the Acquisition
- This move positions CleanSpark strategically in the burgeoning bitcoin mining sector.
- The enhanced hashrate is expected to improve operational efficiency.
- Increased capacity allows CleanSpark to meet growing demand in the Bitcoin market.
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