Bitcoin miner CleanSpark_Inc has agreed to acquire two facilities in Dalston, Georgia for $9.3 million in cash, which will add just under 1 EH/s to its hashrate. By JamieCrawleyCD.
Nasdaq-listed bitcoin mining firm CleanSpark has agreed to acquire two facilities in Dalston, Georgia for $9.3 million in cash.
The facilities will host over 6,000 Bitmain Antminer S19 XPs and S19J Pro+s and are expected to add just under 1 exahash per second to CleanSpark's hashrate, according to an emailed announcement on Wednesday. CleanSpark's aim is to have 16 EH/s of power by the end of 2023, which the acquisition of these facilities will"ensure [they] have more than enough infrastructure to reach," CEO Zach Bradford said.for $144.9 million in April.
"We continue to make use of opportunities created by current market conditions to prepare for next year’s bitcoin halving,” said CFO Gary A. Vecchiarelli. With the industry still reeling from the sharp fall in bitcoin's valuation last year combined with rising costs from high electricity prices, mining firms are looking toward bitcoin's next halving, now less than a year away, which will reduce rewards for mining blocks, and
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin 'Permabull' Max Keiser: 'El Salvador Will Be Debt Free by 2030 With Bitcoin' – Bitcoin NewsAccording to Max Keiser, thanks to Bitcoin, El Salvador will be debt free by 2030, as the Bitcoin price comes close to one million dollars.
Read more »
Romanian Prosecutors Pursue Confiscation of $563K Bitcoin Stash Owned by Andrew Tate – Bitcoin NewsRomanian prosecutors have officially submitted documents to the court, seeking the seizure of 21 bitcoin valued at $563,000 from Andrew Tate.
Read more »
Bitcoin price nears $29,000 after flurry of Bitcoin ETF applicationsThe price of bitcoin has surged after a wave of Bitcoin ETF applications by BlackRock, WisdomTree and Invesco.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Monday, After Recovering Recent Losses – Bitcoin NewsBitcoin recovered recent losses over the weekend, setting the stage for a potential rally this coming week.
Read more »
Bitcoin hits new high for June as more financial incumbents signal commitment to cryptoBitcoin climbed on Monday as more financial institutions gave their bitcoin blessing after BlackRock filed for a spot bitcoin ETF last week.
Read more »
Severe Thunderstorm Watch in effect for parts of Northeast Florida, Southeast Georgia canceledA Severe Thunderstorm Watch that was in effect for portions of Northeast Florida and Southeast Georgia until 2 p.m. was canceled around 1:50 p.m.
Read more »