![]() ![]() "Our focus on ESG has been at the forefront of all our efforts and we expect to lead sustainable practices in the industry. We have over 23,500 S19 ASICS miners that will be delivered over the coming year-planning for responsible energy expansion has been paramount. This, along with our other initiatives, is expected to result in 2.0 EH/s by the end of 2021, which, at current difficulty rates would result in 17 to 18 bitcoin per day."īradford continued: "We have been working on a number of opportunities to increase our Bitcoin production capabilities, including energy expansion in Atlanta, our partnership with Coinmint, and now the purchase of this facility to increase the total energy capacity in our portfolio. Based on current difficulty rates, this processing power would result in an additional 5 to 6 bitcoins per day. It is expected to produce over 650 PH/s upon installation. In a statement, CleanSpark president and CEO Zach Bradford said: "This facility, with its 20 MW of power, will allow us to put over 6,000 additional S19s into operation. The company said it also anticipates adding onsite renewables, including rooftop and ground-mount solar and other microgrid energy solutions. The program allows CleanSpark to offset any carbon-based energy included in the regional energy mix with solar power. The new facility's mining operations are expected to operate at 100% net carbon-neutral, achieved through its participation in Georgia's Simple Solar program, CleanSpark added. The company said it expects to complete the installation of the mining infrastructure and have the miners running by late 2021. ![]() READ: CleanSpark updates on a number of strategic initiatives related to its Bitcoin and Energy business units The company said the facility, located 33 miles from the current ATLData Center and CleanBlok operations in Atlanta, will provide 20 MW of additional power to its mining business with the opportunity for significant expansion. The $6.55 million purchase of the former Sprint/Nextel data center situated on over 7 acres in Norcross, Georgia closed on August 6, 2021. said it has closed on the acquisition of an additional nearly 87,000 square foot data center in Norcross, Georgia, to substantially increase the company's Bitcoin mining operation. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.ĬleanSpark, Inc. Proactive will on occasion use automation and software tools, including generative AI. The team also has access to and use technologies to assist and enhance workflows. Our human content creators are equipped with many decades of valuable expertise and experience. Proactive has always been a forward looking and enthusiastic technology adopter. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. This is content that excites and engages motivated private investors. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. Prior to joining Proactive in 2016, he was News Editor for .uk. ![]() After over 10 years, which saw him rise to be Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at S&P MarketScope and then AFX News. Jon has been reporting on stock markets for almost thirty years for newspapers, newswires, and websites. ![]()
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