CleanSpark Exceeds 15 EH/s, Completes Acquisition Of Mississippi Bitcoin Mining Data Centers
Portfolio Pulse from Benzinga Newsdesk
CleanSpark, Inc. has completed the acquisition of three bitcoin mining data centers in Mississippi, effectively boosting its operating hashrate to over 15 EH/s. Operations at these facilities have already commenced, with an expected hashrate of 2.4 EH/s once fully equipped. CEO Zach Bradford highlighted the expansion as a significant milestone, emphasizing the company's commitment to community partnership and economic growth through job creation and investment in local infrastructure. CleanSpark's history of contributing to community development in Georgia is cited as a precedent for its expected positive impact in Mississippi.
February 27, 2024 | 2:01 pm
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CleanSpark's acquisition of three bitcoin mining data centers in Mississippi has significantly increased its operational hashrate to over 15 EH/s, indicating a strong position in the bitcoin mining industry.
The acquisition not only increases CleanSpark's operational capacity but also demonstrates its commitment to growth and community partnership. This move is likely to be viewed positively by investors, given the company's successful track record in Georgia and the potential for similar economic and social contributions in Mississippi. The significant increase in hashrate also positions CleanSpark more competitively in the bitcoin mining industry, potentially leading to increased revenue and profitability.
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