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US Miner Invests $9.32 Million in Bitcoin: Acquires Two New Facilities!

  • CleanSpark, an American Bitcoin mining company, has acquired two mining facilities in Dalton, Georgia for $9.3 million.
  • The facilities host over 6,000 mining devices, including Antminer S19 XP and S19j Pro+ models.
  • With this acquisition, CleanSpark’s total processing power will reach approximately 7.76 EH/s.

CleanSpark Acquires Two Bitcoin Mining Facilities in Georgia

CleanSpark, a leading Bitcoin mining company based in the United States, has recently completed the acquisition of two mining facilities located in Dalton, Georgia. The company made the announcement in a press release on June 21st, revealing that the purchase was made for a total of $9.3 million. The transaction, which included the orders and payments for the facilities, took place earlier this year.

Over 6,000 Mining Devices

The newly acquired facilities are equipped to host a large number of mining devices, with a total of over 6,000 units. These devices include the highly efficient Antminer S19 XP and S19j Pro+ models, which are known for their powerful processing capabilities. With this acquisition, CleanSpark will be able to add approximately 1 EH/s (exahash) of processing power to its existing capacity.

Expanding Processing Power

CleanSpark’s CEO, Zach Bradford, expressed his satisfaction with the acquisition, stating that it provides the company with a solid infrastructure to achieve its goal of reaching 16 EH/s of processing power by the end of the year. He also highlighted CleanSpark’s commitment to maintaining its position as one of the most energy-efficient miners in terms of power consumption per unit of processing power.

Furthermore, CleanSpark’s CFO, Gary Vecchiarelli, emphasized the company’s focus on capitalizing on the opportunities presented by the upcoming Bitcoin halving event, which is expected to occur later this year. The company has been actively expanding its mining operations, as evidenced by its recent purchase of 12,500 additional mining devices for $40.5 million.

Overall, CleanSpark’s acquisition of the two mining facilities in Georgia marks a significant step forward in the company’s growth strategy. With the addition of these facilities and the accompanying increase in processing power, CleanSpark is well-positioned to capitalize on the opportunities presented by the rapidly evolving cryptocurrency market.

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Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
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