ASIC Mining
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of capability
Published
2 years agoon
By
adminOn Tuesday, the bitcoin company Cleanspark declared it acquired a plug-in-ready bitcoin mining facility that’s climbable to eighty six megawatts (MW) of capability. Presently, the freshly opened web site in Washington, Georgia, has thirty six megawatts, that is predicted to grant Cleanspark’s hashrate a thirty eighth boost this quarter.
Publicly-Listed Bitcoin jack Cleanspark Expands Operations in Georgia
After Cleanspark Iraqi National Congress. (Nasdaq: CLSK) revealed last month that it acquired 1,061 bitcoin miners at a “discounted worth,” the corporation declared it’s acquired a replacement facility in Washington, the seat of Wilkes County, Georgia. The new facility has the capability to host up to eighty six MW and Cleanspark purchased the power for $16.2 million. The mining firm conjointly bought 3,400 Antminer S19 mining rigs for $8.9 million.
The Antminer rigs are presently operating with 340 petahash per second (PH/s) of hashpower. “[Cleanspark] can fill the balance of the thirty six MW with machines already acquired and to be had,” Tuesday’s announcement details. The new facility is going to be Cleanspark’s third clean-energy bitcoin mining facility in Georgia. The corporation says that it’s forward to growing the facility’s infrastructure and bolstering native jobs within the region. The location leverages low-carbon energy sources like nuclear, Cleanspark’s announcement explains.
“We are excited to expand our footprint in Georgia,” Cleanspark’s CEO Zach Bradford said during a statement. The market has been getting ready all summer for consolidation, and that we are a unit happy to get on the exploit facet. Our specialization in property and maximising price for our stakeholders have placed the United States in a distinctive position to require advantage of the unprecedented opportunities that the present market has created.” Bradford continued:
We are a unit particularly excited to be operating with the voters of Washington, GA, World Health Organization are therefore hospitable to the United States. We glance forward to maintaining and growing jobs and infrastructure at our new field in Washington.
Cleanspark shares CLSK have seen gains throughout the last thirty days rising ten.51%, however annual statistics show CLSK has lost 67.86%. A variety of alternative publicly-listed mining firms have seen shares follow an equivalent downward trend as cryptocurrencies within the current securities industry. As an example, Marathon Digital Holdings (Nasdaq: MARA) reported that it recorded negative Q2 results, however the company saw an increase in bitcoin production.
The price of bitcoin has hurt BTC mining revenue and therefore the leading crypto asset’s hashrate slipped 1.7% lower in Q2 compared to the primary quarter. Despite the crypto winter, Cleanspark has continued to expand and once it acquired 2 bulk orders of ASIC miners in July a reduction, Bradford highlighted that Cleanspark was seeing “unprecedented opportunities during this market.”
The post Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of capability first appeared on BTC Wires.
Source link
You may like
Insight Into The Timing And Factors
Bitcoin About To ‘Blow Higher’ Despite This Week’s Pullback, According to Glassnode Co-Founders – Here’s Why
Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets – Blockchain News, Opinion, TV and Jobs
Robinhood Bleeds 164 Million Dogecoin
AIGOLD Goes Live, Introducing the First Gold Backed Crypto Project – Blockchain News, Opinion, TV and Jobs
Analyst Benjamin Cowen Warns Ethereum ‘Still Facing Headwinds,’ Says ETH Will Only Go Up if Bitcoin Does This
Insight Into The Timing And Factors
Bitcoin About To ‘Blow Higher’ Despite This Week’s Pullback, According to Glassnode Co-Founders – Here’s Why
Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets – Blockchain News, Opinion, TV and Jobs
Robinhood Bleeds 164 Million Dogecoin
AIGOLD Goes Live, Introducing the First Gold Backed Crypto Project – Blockchain News, Opinion, TV and Jobs
Analyst Benjamin Cowen Warns Ethereum ‘Still Facing Headwinds,’ Says ETH Will Only Go Up if Bitcoin Does This
Tron Price Prediction: TRX Outperforms Bitcoin, Can It Hit $0.132?
Ethereum-Based Altcoin Leads Real-World Assets Sector in Development Activity, According to Santiment
Here’s Why This Analyst Is Predicting A Rise To $360
Hackers With $182,000,000 Stolen From Poloniex Starts Moving Funds to Tornado Cash
Cardano Faces Make-Or-Break Price Level For Bullish Revival
A Premier Crypto Exchange Tailored for Seasoned Traders – Blockchain News, Opinion, TV and Jobs
Crypto Whale Withdraws $75.8 Million in USDC From Coinbase To Invest In Ethereum’s Biggest Presale – Blockchain News, Opinion, TV and Jobs
CFTC Chair Says ‘Another Cycle of Enforcement Actions’ Coming As Crypto Enters New Phase of Asset Appreciation
Spectral Labs Joins Hugging Face’s ESP Program to advance the Onchain x Open-Source AI Community – Blockchain News, Opinion, TV and Jobs
Bitcoin Dropped Below 2017 All-Time-High but Could Sellers be Getting Exhausted? – Blockchain News, Opinion, TV and Jobs
What does the Coinbase Premium Gap Tell us about Investor Activity? – Blockchain News, Opinion, TV and Jobs
BNM DAO Token Airdrop
NFT Sector Keeps Developing – Number of Unique Ethereum NFT Traders Surged 276% in 2022 – Blockchain News, Opinion, TV and Jobs
New Minting Services
Block News Media Live Stream
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
SEC’s Chairman Gensler Takes Aggressive Stance on Tokens – Blockchain News, Opinion, TV and Jobs
Friends or Enemies? – Blockchain News, Opinion, TV and Jobs
Enjoy frictionless crypto purchases with Apple Pay and Google Pay | by Jim | @blockchain | Jun, 2022
Block News Media Live Stream
How Web3 can prevent Hollywood strikes
Block News Media Live Stream
XRP Explodes With 1,300% Surge In Trading Volume As crypto Exchanges Jump On Board
Block News Media Live Stream
Trending
- Altcoins2 years ago
Bitcoin Dropped Below 2017 All-Time-High but Could Sellers be Getting Exhausted? – Blockchain News, Opinion, TV and Jobs
- Binance2 years ago
What does the Coinbase Premium Gap Tell us about Investor Activity? – Blockchain News, Opinion, TV and Jobs
- Uncategorized2 years ago
BNM DAO Token Airdrop
- BTC1 year ago
NFT Sector Keeps Developing – Number of Unique Ethereum NFT Traders Surged 276% in 2022 – Blockchain News, Opinion, TV and Jobs
- Uncategorized3 years ago
New Minting Services
- Video2 years ago
Block News Media Live Stream
- Bitcoin miners2 years ago
A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday
- Bitcoin1 year ago
SEC’s Chairman Gensler Takes Aggressive Stance on Tokens – Blockchain News, Opinion, TV and Jobs