Bitcoin miner CleanSpark strikes deal to buy mining facilities

CleanSpark’s shares rose 10% following the announcement.on 21 June that it plans to acquire two mining facilities in a $9.3 million cash deal for its infrastructure expansion in the U.S

Turnkey mining allows users to purchase a constructed, setup and optimized Bitcoin mining rig for use on mining farms. Following the completion of the deal, the facilities will add around 1 EH/s to CleanSpark’s hash rate. The Bitcoin miner added 20,000 new Antminer S19j Pro+ units to its portfolio for $43.6 million in February, expected to bring an additional 2.44 EH/s to its computing power. In January, it also announced a $16 million expansion at its Georgia facility.its plans earlier in the week to increase its hash rate capacity by 63% to 9.1 EH/s by early 2024.raising USD $125 million to expand its institutional mining colocation services.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin miner Core Scientific files for bankruptcy planBankrupt Bitcoin miner Core Scientific has filed its Chapter 11 plan in order to make a successful comeback.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin June 20 daily chart alert - Bulls regain some strength
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

What Bitcoin’s falling volatility says about investor sentimentBitcoin is increasingly being seen as a long-term investment option, rather than a short-term speculative asset.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin dominance reaches 50% for first time in 2 yearsSaylor believes that Bitcoin will maintain strong dominance and perhaps even grow to over 80%. His expectation is based on the growing hash rate, as well as the improving regulatory environment.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin price surges on BlackRock ETF filing and Fidelity rumorsBitcoin’s price climbs above $28,000 and altcoins trend higher as BlackRock’s spot BTC ETF filing helped initiate a new wave of bullish momentum.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Bitcoin: Whale accumulation raises hopes of bull rallyWhales have accumulated more than 131,000 BTC over the last 11 weeks. BTC’s weekly and daily charts have finally turned green.
Source: CryptoAmb - 🏆 22. / 68 Read more »