CleanSpark has stepped up its Bitcoin mining efforts with the acquisition of two new websites close to Clinton, Mississippi.
On September 17, the Bitcoin miner revealed that the brand new website was bought for $5.775 million and may help 16.5 megawatts.
In keeping with the corporate, the places will home S21 Professional miners, offering a mixed operational hash price of roughly one exahash per second (EH/s). She added that she’s going to obtain the advanced turnkey by December 1. With these additions, the capability of the corporate's information middle in Mississippi will improve to 60.5 MW.
CleanSpark's working capability elevated by 38% over the previous week to 211.5 MW. The growth helps the corporate's objective of reaching 37 EH/s capability by the tip of 2024 and 50 EH/s by 2025, CEO Zach Bradford stated.
In a separate replace, CleanSpark confirmed the closure of its 45 MW facility in Wyoming on September 11, 2024. As soon as operational, this facility is anticipated to contribute an extra 3 EH/s. The location will function immersion information facilities supporting the most recent S21 immersion XP miners.
In the meantime, the most recent information comes lower than every week after CleanSpark introduced it was shopping for seven mining services and associated land in Tennessee for $27.5 million.
Give attention to Bitcoin Mining
Mathew Schultz, co-founder of CleanSpark, defined that these purchases demonstrated the agency's continued give attention to bitcoin mining versus rivals diversifying into synthetic intelligence (AI).
In keeping with Schultz, whereas many miners are transitioning to AI or leveraging assets for different tokens, CleanSpark is concentrated on increasing its Bitcoin mining capability.
In current months, miners have centered on synthetic intelligence enlarged their information middle infrastructure to make the most of alternatives within the quickly rising AI sector. Specifically, Bernstein's report notes that buyers have a stronger perception on this class of miners as a result of their diversified income stream and potential progress.
However that doesn't appear to trouble Schultz, who notes that rising demand for bitcoin and the agency's technique of including megawatts and environment friendly exahash capability might assist it ship on its guarantees.
