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    CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Growth

    Jason NelsonBy Jason Nelson19.01.2023Updated:19.01.2023No Comments2 Mins Read
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    CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion

    The mining company will almost increase the its existing facilities, amounting to 50 Megawatts to the 36 Megawatts currently being used.

    Bitcoin mining company CleanSpark has actually revealed the beginning of building on a website in Washington, Georgia, readied to house 16,000 miners, which can bring the business &#x 2019; s hash price complete to as high as 8.7 EH/s.

    The website, which CleanSpark revealed the purchase of in 2022, would certainly add to an extra 2.2 EH/s of hash price for the business. The growth is approximated to set you back almost $16 million according to journalism launch sent out to Bitcoin Publication.

    CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion

    &#x 201C; The mining device fleet at the brand-new stage will certainly include Antminer S19j Pro as well as Antminer S19 XP designs, the latest as well as most power-efficient designs of bitcoin mining makers readily available today, &#x 201D; mentions the launch.

    &#x 201C; When we acquired the Washington website in August, we were positive regarding our capability to rapidly broaden, including this 50MW to the existing 36MW of facilities, &#x 201D; Zach Bradford, CleanSpark &#x 2019; s chief executive officer commented. &#x 201C; This 2nd stage greater than increases the dimension of the existing procedure. We are expecting broadening our partnership with the Washington City neighborhood as well as to be able to sustain the building tasks that will certainly include this growth. &#x 201D;

    CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion

    Scott Fort, vice head of state of service advancement at the company, highlighted just how the website &#x 201C; makes use of primarily low-carbon resources of power, utilizes latest generation technology, as well as is amongst one of the most power-efficient as well as lasting bitcoin mining procedures. &#x 201D;

    Regardless of the current broader decline in the mining market, CleanSpark has actually seen an impressive growth from simply 2.1 EH/s in January 2022, to 6.2 EH/s in December 2022. This growth, along with one more website buildout in Sandersville, Georgia, is readied to proceed that quick development in the coming year. &#xA 0;

    CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion

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    Jason writes and produces content related to Bitcoin, blockchain, DeFi, and Web 3.0. He also hosts a podcast called Crypto Insights Journal.

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