Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

OpenAI Becomes Public Benefit Corporation, Microsoft Takes 27% Stake

October 28, 2025

S&P’s first Bitcoin-linked credit rating opens $130 trillion market

October 28, 2025

Analyst Predicts XRP Price Crash To $1.4 In Final Wave

October 28, 2025
Facebook X (Twitter) Instagram
Tuesday, October 28 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

CleanSpark doubles down on Bitcoin mining with new Mississippi acquisitions

September 18, 2024Updated:September 19, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
CleanSpark doubles down on Bitcoin mining with new Mississippi acquisitions
Share
Facebook Twitter LinkedIn Pinterest Email
ad



CleanSpark doubles down on Bitcoin mining with new Mississippi acquisitions

CleanSpark has intensified its Bitcoin mining efforts by buying two new websites close to Clinton, Mississippi.

On Sept. 17, the Bitcoin miner revealed that the brand new websites have been bought for $5.775 million and may help 16.5 megawatts.

In accordance with the agency, the areas will home S21 Professional miners, offering a mixed working hash charge of roughly one exahash per second (EH/s). It added that it could obtain the location turnkey-ready by Dec. 1. With these additions, the corporate’s information middle capability in Mississippi will develop to 60.5 MW.

Over the previous week, CleanSpark’s operational capability has surged by 38%, reaching 211.5 MW. This growth helps the corporate’s aim of attaining a 37 EH/s capability by the tip of 2024 and 50 EH/s by 2025, in response to CEO Zach Bradford.

In a separate replace, CleanSpark confirmed the closure of its 45 MW web site in Wyoming on Sept. 11, 2024. As soon as operational, this facility is projected to contribute an extra 3 EH/s. The positioning will function immersion-cooled information facilities supporting the newest S21 immersion XP miners.

In the meantime, the newest information comes lower than every week after CleanSpark introduced it was buying seven mining services and related land in Tennessee for $27.5 million.

Bitcoin mining focus

Mathew Schultz, CleanSpark’s co-founder, defined that these purchases demonstrated the agency’s continued concentrate on Bitcoin mining in distinction to rivals diversifying into synthetic intelligence (AI).

In accordance with Schultz, whereas many miners are shifting to AI or utilizing assets for various tokens, CleanSpark is targeted on increasing its Bitcoin mining capability.

Over the previous months, AI-focused miners have expanded their information middle infrastructure to faucet into the alternatives within the quickly rising AI sector. Notably, a Bernstein report famous that buyers have a stronger conviction on this class of miners on account of their diversified income stream and potential upside.

Nevertheless, Schultz seems unbothered by this, noting that the rising demand for Bitcoin and the agency’s technique of including megawatts and environment friendly exahash capability may assist it fulfill its guarantees.

Talked about on this article



Source link

ad
acquisitions Bitcoin CleanSpark doubles mining Mississippi
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

OpenAI Becomes Public Benefit Corporation, Microsoft Takes 27% Stake

October 28, 2025

S&P’s first Bitcoin-linked credit rating opens $130 trillion market

October 28, 2025

Analyst Predicts XRP Price Crash To $1.4 In Final Wave

October 28, 2025

Chainlink price is at risk of a crash despite major ecosystem news

October 28, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
OpenAI Becomes Public Benefit Corporation, Microsoft Takes 27% Stake
October 28, 2025
S&P’s first Bitcoin-linked credit rating opens $130 trillion market
October 28, 2025
Analyst Predicts XRP Price Crash To $1.4 In Final Wave
October 28, 2025
Chainlink price is at risk of a crash despite major ecosystem news
October 28, 2025
Hyperliquid (HYPE) Faces Potential Pullback as TD Sequential Flashes Sell Signal
October 28, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.