• Home
  • Live Crypto Price
  • Contact
No Result
View All Result
  • Home
  • Live Crypto Price
  • Contact
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

CleanSpark 50 Megawatt Bitcoin Mining Expansion – Bitcoin Magazine

BtcCasey by BtcCasey
January 19, 2023
in Cryptocurrency
0 0
0
CleanSpark 50 Megawatt Bitcoin Mining Expansion – Bitcoin Magazine
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Bitcoin mining firm CleanSpark has announced the start of construction on a site in Washington, Georgia, set to house 16,000 miners, which could bring the company’s hash rate total to as high as 8.7 EH/s.

The site, which CleanSpark announced the acquisition of in 2022, would contribute to an additional 2.2 EH/s of hash rate for the company. The expansion is estimated to cost nearly $16 million according to the press release sent to Bitcoin Magazine.

“The mining machine fleet at the new phase will consist of Antminer S19j Pro and Antminer S19 XP models, the newest and most power-efficient models of bitcoin mining machines available today,” states the release.

“When we purchased the Washington site in August, we were confident about our ability to quickly expand, adding this 50MW to the existing 36MW of infrastructure,” Zach Bradford, CleanSpark’s CEO commented. “This second phase more than doubles the size of the existing operation. We are looking forward to expanding our relationship with the Washington City community and to be able to support the construction jobs that will come with this expansion.”

CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion

Scott Garrison, vice president of business development at the firm, highlighted how the site “uses mainly low-carbon sources of power, employs newest generation tech, and is among the most power-efficient and sustainable bitcoin mining operations.”

Despite the recent wider downturn in the mining industry, CleanSpark has seen a remarkable expansion from just 2.1 EH/s in January 2022, to 6.2 EH/s in December 2022. This expansion, alongside another site buildout in Sandersville, Georgia, is set to continue that rapid growth in the coming year. 

CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion



Source link

Previous Post

FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate – Bitcoin News

Next Post

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit – Featured Bitcoin News

BtcCasey

BtcCasey

Next Post
Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit – Featured Bitcoin News

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit – Featured Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

May 5, 2022
BOLT12, LNURL And Bitcoin Lightning

BOLT12, LNURL And Bitcoin Lightning

June 20, 2022
Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review – The Weekly Bitcoin News

Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review – The Weekly Bitcoin News

April 24, 2022
Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC

Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC

May 6, 2022
Bitcoin Is Our Weapon In The War Of Ideas

Bitcoin Is Our Weapon In The War Of Ideas

0
Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

0
Insurance Considerations For Bitcoin Miners

Insurance Considerations For Bitcoin Miners

0
Becoming A Sovereign Individual With Bitcoin

Becoming A Sovereign Individual With Bitcoin

0
Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

February 5, 2023
Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

February 4, 2023
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

February 3, 2023
CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

February 2, 2023

Recommended

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

February 5, 2023
Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

February 4, 2023
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

February 3, 2023
CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

February 2, 2023

About Us

We bring you the latest bitcoin news from all over the internet

Categories

  • Cryptocurrency
  • Latest
No Result
View All Result
  • Home
  • Live Crypto Price
  • Contact

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In