Today we announced the acquisition of five new bitcoin mining sites in Georgia equivalent to 60 MW of infrastructure. The purchase is expected to close immediately and increase CleanSpark's hashrate by 3.7 EH/s upon full installation of already purchased S21 Pro miners. "Our acquisition of these five new mining sites marks a significant milestone in our strategic growth plan and represents the leading edge of nearly one gigawatt of new opportunities being analyzed by our teams. These sites not only enhance the load balancing capabilities for the local cities we work with, but lock in the achievement of our mid-year target of achieving 20 EH/s of operating hashrate. This achievement underscores our commitment to scaling efficiently and sustainably and we are excited to bring these facilities into the CleanSpark way of mining bitcoin. We are confident in our continued ability to drive shareholder value and innovation in the bitcoin mining industry," said CEO Zachary Bradford. The sites range in size from 8 MW to 15 MW, for a total of 60 MW, and include interruptible-load designated power purchase agreements (PPAs). Load balancing is a unique benefit that bitcoin miners provide local power grids because of their ability to curtail energy use based on local demand, especially during times of extreme weather. Full release here: https://bit.ly/3VLGPwR #bitcoin #clsk #loadbalancing
Glad y’all are investing more in #Georgia! Looking forward to hearing more about the plans and ongoing operations!
Your team act fast! It’s fascinating to see how much progress with your hash rate growth. Congrats 👏👏
Let’s go ..
Awsome news.
Congrats!
Fantastic news
Keep growing!
Congratulations, great news!
Impressive growth!