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Wednesday, January 29, 2025
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    HomeMarketCleanSpark Acquires Two Bitcoin Mining Services for $9.3 Million

    CleanSpark Acquires Two Bitcoin Mining Services for $9.3 Million


    • CleanSpark will shut the $9.3 million money deal for the 2 turnkey Bitcoin mining services this week.
    • The Dalton, Georgia facility will home 6,000 Antminer S19 XP and S19J Professional+ rigs.
    • CleanSpark CEO Zach Bradford says deal places miner on observe to fulfill year-end hashrate goal of 16 PE/s

    CleanSpark (NASDAQ: CLSK), one of many world’s largest Bitcoin mining firms, introduced the acquisition of two BTC mining campuses in Dalton, Georgia.

    The corporate stated in a press launch that it has reached a definitive settlement to buy the 2 turnkey services for $9.3 million, an all-cash deal that’s anticipated to shut later this week.

    CleanSpark targets 16 pe/s by the top of the yr

    In response to the miner, the 2 campuses are anticipated to host over 6,000 Antminer S19 XP and S19J Professional+, and can see the mining big add slightly below 1 exahash per second (EH/s) to its hashrate.

    This acquisition ensures that we have now greater than sufficient infrastructure to fulfill our year-end goal of 16 PE/s. This additionally continues to place us as probably the most vitality environment friendly miners primarily based on vitality per hashrate,Zach Bradford, CEO of CleanSpark, stated in a press release.

    CleanSpark’s newest buy provides to a number of earlier purchases and acquisitions revamped the previous few months. After buying 20,000 Antminer S19j Professional+ machines for $43.6 million in February, the corporate added 45,000 Antminer S19 XP items price $144.9 million in April. In Could, he bought 12,500 Antminer S19 XP rigs.

    See also  S&P International Makes an attempt to Assess Macro Sensitivity of Crypto Property

    CLSK was buying and selling at $4.86, up 10% on the day on Wednesday. The crypto inventory is up over 140% in 2023 and analysts count on it to hit $12.

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