Shares of Bitcoin (CRYPTO: BTC) mining company CleanSpark Inc (NASDAQ: CLSK) on Tuesday announced the acquisition of five new mining facilities. Here’s what you need to know.
What To Know: CleanSpark has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in Georgia for $25.8 million in cash.
The five sites range in size from 8 MW to 15 MW, for a total of 60 MW, and include interruptible-load designated power purchase agreements. The operating hashrate of the combined facilities is anticipated to exceed 3.7 exahashes per second (EH/s) upon full installation of the latest generation S21 pro miners.
“Our acquisition of these ...