6M
...
CleanSpark Inc., a leading Bitcoin mining firm, has acquired seven new mining facilities and associated land in Knoxville, Tennessee, investing $27.5 million. The acquisition enhances CleanSpark’s infrastructure and aligns with its strategy to acquire premium assets at competitive prices. This move will bolster the company’s operational capacity with an additional 85 MW across the sites, varying between 10 MW and 20 MW each.
The company is set to increase its operating hashrate by over 22% as it integrates the latest generation S21 pro miners, projecting a total of 5 exahashes per second. With the recent energization of their Dalton 4 campus and the anticipated deployment of new miners, CleanSpark expects to reach an impressive 37 EH/s by year-end.
CEO Zach Bradford highlighted the strategic expansion into Tennessee, citing its favorable political and energy environment akin to Georgia, where CleanSpark has heavily invested. He emphasized the benefits to local communities and the power grid, continuing their community-focused approach to sustainable growth in Bitcoin mining.
