Bitcoin Miner CleanSpark Signs 200-MW Power Agreement

2022-3-31 16:00

CleanSpark’s power agreement with Texas-based Lancium is expected to eventually trigger a five-fold increase in its bitcoin mining hashrate capacity.

CleanSpark is adding 200 megawatts of renewable power to its bitcoin mining operations in West Texas over the next year through an agreement signed with energy technology company Lancium as the miner seeks to increase its current hashrate capacity five-fold.

The bitcoin mining company said in a statement sent to Bitcoin Magazine that it expects the first 50 MW of the purchased capacity to be operational by the end of 2022, while the remaining 150 MW should be up and running during Spring 2023. The agreement also provisions an option to add an extra 300 MW of energy in the future.

CleanSpark said Houston-based Lancium’s power, located in regions with access to low-cost renewable energy, might enable it to add an estimated 16 exahash per second (EH/s) to the firm’s hashrate capacity once used in full to feed the miner’s ASICs.

“We continue to build more capacity at our own bitcoin mining facilities while we partner with colocation service providers,” said Zach Bradford, CEO of CleanSpark, in a statement. “This hybrid approach helps us ensure that we always have rackspace ready to deploy new machines when they are delivered to us by the manufacturers.”

Lancium is dedicated to accelerating the energy transition with what it calls “Clean Campuses” that act as controllable load resources (CLR) for enhanced power grid reliability whilst encouraging the growth of renewable energy. The firm’s first Clean Campus was announced last year.

“Our Clean Campuses provide a unique solution that will provide both green and low cost power for customers that are interruptible and use large amounts of power,” said Michael McNamara, CEO and co-founder of Lancium, in a statement.

CleanSpark, a Nasdaq-listed company, mined 276 BTC in February – a month it reached a daily production peak of 10.15 BTC. The miner announced in December that it had purchased the necessary infrastructure to immersion cool its 20 MW Norcross, Georgia bitcoin mining operations, a move it said at the time could result in a 20% increase in mining efficiency.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67139.51 (+0.16%)
Объем 24H $24.382b
Изменеия 24h: 1.19 %, 7d: 10.31 %
Cегодня L: $66739 - H: $67140.54
Капитализация $1322.641b Rank 1
Цена в час новости $ 46711.61 (43.73%)

bitcoin power agreement cleanspark capacity five-fold increase

Источник: bitcoinmagazine.com

bitcoin power → Результатов: 126


Фото:

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Фото:

Uber Angel Investor Believes Bitcoin Will ‘Solve Biggest Problems With Fiat’

Early Bitcoin investors continue to bet on Bitcoin’s potential. For example, angel investor Jeffrey Wernick started investing in the “the currency of the people,” as he calls it, in 2009. Wernick believes that Bitcoin’s formidable power resides in the fact that its value “comes from its ability to solve the biggest problems with fiat money.

2018-7-12 11:00


Фото:

Swiss Stock Exchange Operator Plans to Launch Crypto Exchange

SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized.

2018-7-7 23:11


China Floods Wipe Out Crypto Mining Farms, Bitcoin Hashrate Drops

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […] The post China Floods Wipe Out Crypto Mining Farms, Bitcoin Hashrate Drops appeared first on CryptoSlate.

2018-7-2 17:00


AVINOC: The Blockchain Solution Disrupting the Global Aviation Business

Bitcoin Press Release: AVINOC (Aviation Network Operation Chain) is a platform for the global General Aviation (GA) businesses, using a new concept and innovative Blockchain technology. AVINOC aims to bring the power of decentralization and the speed of blockchain systems into the GA, especially into the Business Aviation (BizAv) sector and as a second step […] The post AVINOC: The Blockchain Solution Disrupting the Global Aviation Business appeared first on Bitcoin PR Buzz.

2018-7-2 12:37


Джон Макафи призвал бойкотировать биржу HitBTC

Программист и миллионер Джон Макафи призвал бойкотировать криптовалютную биржу HitBTC в связи с тем, что бедные люди не могут позволить себе пользоваться её услугами. The crypto exchanges have become the thing that we have originally fought against.

2018-7-2 10:36


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

CleanSpark «полностью профинансирован» для реализации опции 20 EH/s

Но чтобы подключить их все, потребуются еще 560 мегаватт мощности. Компания CleanSpark «полностью профинансирована» для реализации опциона на покупку еще 20 EH/s хэшрейта биткойнов за счет денежных средств, полученных в результате недавних размещений акций, и 5021 BTC на своем балансе, сообщила компания в понедельник.

Cleanspark fiscal year revenue crosses $100M amid expansion plans

Bitcoin (BTC) miner CleanSpark’s fiscal year-to-date revenue crossed $100 million in May as its BTC production exceeded expectations, according to a June 2 statement. CEO Zach Bradford noted that these milestones were achieved even though most of its expansion plans were expected later this year.