CleanSpark Inc (NASDAQ:CLSK) announced that it has completed the acquisition of an active bitcoin mining facility located in Washington, Georgia.
The sustainable bitcoin mining and energy technology company said the site is expected to add 2.6 exahashes per second (EH/s) to CleanSpark’s hashrate once all 86 megawatts (MW) of predominantly carbon-free power is fully operational in 2023.
“This is a tremendous opportunity for CleanSpark and our shareholders and we are thrilled to be moving so quickly on the deployment of this site,” CleanSpark executive chairman Matt Schultz said in a statement.
READ: CleanSpark sees its 3Q revenue soar 243% to $31M on Hashrate and Bitcoin mining boost
“The community in Washington has welcomed CleanSpark with open arms, and we look forward to being their partners as we continue to build the transformative and sustainable infrastructure that is bitcoin mining,” Schultz added.
CleanSpark noted the transaction closed ahead of schedule, paving way for the energization of 3,400 on-site machines in the coming days, with an additional 8,283 machines expected to arrive on site within the week.
It added that the Washington site is CleanSpark’s third campus in Georgia, with other locations in College Park and Norcross.
CleanSpark said it draws power predominantly from low-carbon sources, such as nuclear energy.
CleanSpark, a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges.
Contact Sean at sean@proactiveinvestors.com