- They plan to put 6,000 state-of-the-art units there
- And increase their hash rate by 16 EH/s
- The company says outright that they are preparing for a new BTC halving
Mining company CleanSpark has made a deal to buy two ready-made campuses for BTC mining. These facilities are located in Dalton, Georgia, and cost the firm $9.3 million.
CleanSpark wrote in a press release that, so far, the new campuses will add less than 1 EH/s to the company’s hash rate. But gradually they will place more than 6,000 Antminer S19 XP and S19J Pro+ units at these sites. They have already been ordered and fully paid for. So, in early June, the miner purchased the first 12,500 new machines.
When everything is ready, the campuses will allow CleanSpark to increase capacity by 16 EH/s.
“This also continues to position us as one of the most energy efficient miners in terms of energy costs per hash rate.”
CFO CleanSpark Gary A. Vecchiarelli clarified that since the facilities and installations are already fully paid for, the new hub will begin to bring the company a net income immediately. He added that this purchase is “preparation for next year’s BTC halving.”
Many analysts believe that the upcoming bitcoin halving will help the major cryptocurrency rise in price. Read more about how halving works in our article:
CleanSpark is a public company and traded on the Nasdaq. Following the news of the campus opening, CLSK quotations rose 10%. The stock is now worth $4.86.