- CleanSpark ( NASDAQ: CLSK ) expects to more than double the size of its existing bitcoin ( BTC-USD ) mining operation as it starts construction on the second phase of its recently-acquired site in Washington, Georgia, it said Thursday.
- The site, purchased in August 2022, is expected to employ S19j Pro and Antminer S19 XP models, adding up to 2.2 exahashes per second (EH/s) of computing power to CleanSpark's ( CLSK ) mining capacity.
- That would represent an up to 34% increase from its current hashrate of 6.5 EH/s. The company said last month it exceeded its year-end hashrate target of 6 EH/s, marking a three-fold jump over the last year.
- CLSK dipped dipped 1% in morning trading after rising as much as 4% earlier in the session.
- Previously, (Jan. 4) CleanSpark generated 13.3% less bitcoins ( BTC-USD ) in December vs. November.
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CleanSpark breaks ground on second phase of bitcoin mining site in Georgia