Bitcoin miner CleanSpark expands portfolio by 20 MW of power

Aug. 11 (Renewables Now) – Nevada-based CleanSpark Inc (NASDAQ: CLSK), a clean bitcoin mining and diversified software and services company, announced Tuesday that it has acquired a Georgia data center that replaces its existing one mining business expanded by 20 MW.

The company announced that it completed the acquisition of more than 7 acres of the former Sprint / Nextel data center in Norcross for $ 6.55 million on August 6.

Thanks to its participation in Georgia’s Simple Solar program, the facility will operate its mining operations 100% net carbon neutral. CleanSpark plans to install on-site solar systems, along with other microgrid energy solutions, on both the roof and the ground.

The company expects to complete the installation of the mining infrastructure at the new location by the end of 2021.

“This system with its 20 MW output will enable us to put over 6,000 additional S19s into operation. It is expected to produce over 650 PH / s when installed. Based on the current levels of difficulty, this processing power would add up to an additional “5 to 6 bitcoins per day”. That, along with our other initiatives, is projected to yield 2.0 EH / s by the end of 2021, which would add up to 17-18 bitcoins per day at the current difficulty rates, “said Zach Bradford, President and CEO of CleanSpark.

Bradford added that the company now directly owns and operates facilities that will collectively provide 70 MW of carbon-free energy capacity in excess of 95%.

(USD 1.0 = EUR 0.852)

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