CleanSpark is a US bitcoin mining company focused on clean energy, acquiring five mining facilities in Georgia for $258,000. The transaction is expected to be completed immediately, with these new entities potentially contributing over 3.7 exahashes (EH/s) of additional computational power per second.
The capacities of the various facilities range from 8 MW to 15 MW, totaling 60 MW. By the end of October, the company expects this acquisition to increase its total hashing power to over XNUMX EH/s. Additionally, these facilities include power purchase agreements that help balance the local grid.
CleanSpark CEO Zach Bradford highlighted how BTC mining operations complement and benefit from the infrastructure of renewable energy (such as infrastructure that supports local load balancing), helping to achieve CleanSpark’s goals.
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Recently, former President Donald Trump has put the spotlight on the domestic mining industry in the United States, particularly in relation to Bitcoin. In meetings with mining industry leaders like Clean Spark, Trump suggested that Bitcoin may become important for America’s energy dominance and to guard against central bank digital currencies (CBDC).
While some cryptocurrency enthusiasts dismiss Trump’s statements, claiming he is unfamiliar with the industry, others praise his efforts to position the US as a leader in cryptocurrency innovation. Marathon Digital Holdings, Riot Platforms, Clean Spark, and other companies have launched the “Bitcoin Voters Project,” a nonpartisan initiative aimed at introducing voters to digital assets and the blockchain industry, without endorsing any political candidates or parties.
