CleanSpark just bought a new crypto mining facility for a 'discounted' price of $33 million.
an agreement on Friday to acquire Mawson's Bitcoin mining facility in Sandersville, Georgia for $33 million. The deal is anticipated to increase CleanSpark's hash rate by 1.4 exahashes per second in the next few months, and to 7.0 EH/s by the end of next year.
As part of the agreement, 6,468 last-generation mining ASICs will be purchased for $9.5 million, or $17 per terahash."These machines, already operating at the acquired site, will add over 558 petahashes per second of computing power immediately upon closing," the company explains. For the facility and miners, CleanSpark will pay up to $42.5 million, including up to $11 million in CleanSpark stocks and $4.5 million in earn-out commitments. The site in Georgia can support 24,108 latest-generation miners and the company plans to expand to support 70,000 miners producing over 7.0 EH/s in 2023.
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