CleanSpark Exceeds 14 EH/s As Sandersville Expansion Comes Online
Portfolio Pulse from Benzinga Newsdesk
CleanSpark Inc. (NASDAQ:CLSK) announced the completion of the first 100 MW phase of its expansion in Sandersville, Georgia, increasing its operating hashrate to over 14 EH/s. This expansion not only boosts CleanSpark's mining capabilities but also contributes to economic development and grid services in Georgia. The company's load is interruptible, offering flexibility to the local energy grid. CleanSpark's CEO, Zach Bradford, highlighted the rapid deployment of mining machines and the company's ongoing expansion into Mississippi.
February 15, 2024 | 2:04 pm
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CleanSpark's completion of a 100 MW expansion in Georgia significantly increases its mining capacity to over 14 EH/s, indicating strong growth and operational efficiency.
The completion of CleanSpark's expansion in Georgia not only increases its mining capacity but also demonstrates the company's commitment to contributing to the local economy and energy grid. This positive development is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price.
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