More
    HomeBusinessCleanSpark Announces Completion Of Georgia Expansion, Surpasses 8 EH/s

    CleanSpark Announces Completion Of Georgia Expansion, Surpasses 8 EH/s

    Published on

    DIGITAL MARKETING SERVICES

    spot_img

    CleanSpark Inc. has announced the completion of phase two of its mining campus expansion in Washington, Georgia. The expansion is expected to increase CleanSpark’s bitcoin mining compute power by 1.8 exahashes per second (EH/s) to a total of 8.5 EH/s. The company has set lofty goals of reaching a target of 16 EH/s by the end of the year. The Washington campus has a power capacity of 50 megawatts (MW) and currently operates over 10,500 mining machines, with a total investment of over $100 million.

    Zach Bradford, CEO of CleanSpark, expressed his appreciation for the successful execution of the expansion, highlighting the technical expertise and support from the local community. He stated, “This expansion has already helped us get more than halfway to our year-end guidance of 16 EH/s.”

    CleanSpark has been actively pursuing growth opportunities, particularly during the recent bear cycle. Last month, the company acquired a turnkey bitcoin mining campus in Dalton, Georgia, consisting of two sites, for $9.3 million. In addition to that, in the same month the company announced the acquisition of more than 12,000 cutting edge mining machines.

    The expansion in Washington, Georgia, has marked another milestone for CleanSpark as it continues to increase its bitcoin mining capacity. 

    Source: Bitcoin Magazine

    The post CleanSpark Announces Completion Of Georgia Expansion, Surpasses 8 EH/s appeared first on Crypto Breaking News.

    COMMUNITY

    spot_img

    SITE VISITS

    Map

    Latest articles

    $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth

    $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth As Bitcoin nears its highest value, surpassing...

    A Galactic Transaction: The $16 Million Headband-Adorned Cryptopunk

    A Galactic Transaction: The $16 Million Headband-Adorned Cryptopunk In an event that’s sending shockwaves through...

    This Ethereum Rival’s Ecosystem Will See Massive Memecoin Rallies, Says Crypto Trader

    A widely followed cryptocurrency analyst and trader is predicting one Ethereum (ETH) rival’s ecosystem...

    Ethereum price hits two-year high as network fees soar, SEC stalls on ETF decision

    Ethereum price hits two-year high as network fees soar, SEC stalls on ETF decision Transaction...

    More like this

    $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth

    $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth As Bitcoin nears its highest value, surpassing...

    A Galactic Transaction: The $16 Million Headband-Adorned Cryptopunk

    A Galactic Transaction: The $16 Million Headband-Adorned Cryptopunk In an event that’s sending shockwaves through...

    This Ethereum Rival’s Ecosystem Will See Massive Memecoin Rallies, Says Crypto Trader

    A widely followed cryptocurrency analyst and trader is predicting one Ethereum (ETH) rival’s ecosystem...
     - 
    Arabic
     - 
    ar
    Bengali
     - 
    bn
    German
     - 
    de
    English
     - 
    en
    French
     - 
    fr
    Hindi
     - 
    hi
    Indonesian
     - 
    id
    Portuguese
     - 
    pt
    Russian
     - 
    ru
    Spanish
     - 
    es