CleanSpark announces the acquisition of four Bitcoin mining facilities

ChainCatcher news, Bitcoin mining company CleanSpark announced that it has reached a final agreement to acquire three Bitcoin mining facilities in Mississippi for a cash payment of $19.8 million. The acquisition is expected to be completed within 21 days, and shortly after the acquisition is completed, the combined facilities' operating hash rate will reach 2.4 EH/s.

At the same time, the company has also signed a final agreement to acquire a third under-construction mining facility located in Dalton, Georgia, with an initial cash payment of $3.4 million. The company expects to reinvest $3.5 million to complete the project, with a target operational date of April 2024. The facility is expected to operate at a speed of 0.8 EH/s.

Currently, CleanSpark has two sets of equipment in its Dalton campus, running at approximately 0.8 EH/s. In addition, the company is expanding the existing Dalton campus, which is expected to add another 0.8 EH/s. Once all facilities in Dalton are operating at full capacity, the total operating hash rate will reach 2.4 EH/s.