Bitcoin Mining Company CleanSpark Acquires Second Data Center

Bitcoin Mining Company CleanSpark Acquires Second Data Center

Nasdaq-listed bitcoin mining company CleanSpark has acquired a second data center in Georgia for $6.55 million.

  • The 87,000 square-foot facility is located in Norcross, 33 miles from the comany's current operation in Atlanta, CleanSpark announced Tuesday.
  • The acquisition will provide 20 MW of additional power, enough for the installation of 6,000 additional S19 miners. It is expected to produce over 650 PH/s.
  • "Based on current difficulty rates, this processing power would result in an additional 5 to 6 bitcoins per day," CEO Zack Bradford said. "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."
  • CleanSpark said it expects the center to be fully operational by late 2021.
  • The facility is part of Georgia's Simple Solar program, allowing CleanSpark to offset any carbon-based energy included in its energy mix with solar power.
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