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

July 13, 2023
in Bitcoin
Reading Time: 1 min read
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CleanSpark Inc. has introduced the completion of part two of its mining campus enlargement in Washington, Georgia. The enlargement is anticipated to extend CleanSpark’s bitcoin mining compute energy by 1.8 exahashes per second (EH/s) to a complete of 8.5 EH/s. The corporate has set lofty targets of reaching a goal of 16 EH/s by the top of the yr. The Washington campus has an influence capability of fifty megawatts (MW) and at present operates over 10,500 mining machines, with a complete funding of over $100 million.

Zach Bradford, CEO of CleanSpark, expressed his appreciation for the profitable execution of the enlargement, highlighting the technical experience and assist from the local people. He said, “This enlargement has already helped us get greater than midway to our year-end steering of 16 EH/s.”

CleanSpark has been actively pursuing development alternatives, notably in the course of the latest bear cycle. Final month, the corporate acquired a turnkey bitcoin mining campus in Dalton, Georgia, consisting of two websites, for $9.3 million. Along with that, in the identical month the corporate introduced the acquisition of greater than 12,000 leading edge mining machines.

The enlargement in Washington, Georgia, has marked one other milestone for CleanSpark because it continues to extend its bitcoin mining capability. 

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