TechFlow news — Bitcoin mining company CleanSpark announced in a press release on February 6 that it will acquire four new mining facilities.
"With Mississippi joining our portfolio, we are increasing our geographic diversification and look forward to applying our proven track record in this exciting new operating environment," said Zach Bradford, CEO of CleanSpark.
The acquisition of three sites involves a cash transaction of 19.8 million AUD, expected to close within 21 days. Upon completion, the combined hash rate of the three facilities in Mississippi will reach 2.4 EH/s (exahashes per second). The company will also acquire another mining facility under construction in Dalton, Georgia. That transaction includes an initial cash payment of 3.4 million AUD, along with a planned additional investment of 3.5 million AUD. CleanSpark expects the project to be completed and operational by April 2024. The company anticipates the total capacity across all Dalton sites will amount to 2.4 EH/s, with each site contributing 0.8 EH/s.
