CleanSpark Acquires Second Data Center To Increase Bitcoin Mining Capacity

CleanSpark Acquires Second Data Center To Increase Bitcoin Mining Capacity
фото показано с : bitcoinmagazine.com

2021-8-11 18:54

The software company that recently started mining bitcoin has purchased an 87,000 square foot data center to increase its mining capacity.

CleanSpark, a software and services company that recently ventured into bitcoin mining, has announced the acquisition of an 87,000 square foot data center in Norcross, Georgia. The company plans to leverage the new facility to increase its current bitcoin mining capacity.

"This facility, with its 20 MW of power, will allow us to put over 6,000 additional S19s into operation," said Zach Bradford, the CEO and President of CleanSpark. "It is expected to produce over 650 PH/s upon installation."

The former Sprint/Nextel data center was purchased for $6.55 million in a deal closed on August 6, 2021, and is located 33 miles away from the current operations of CleanBlok, the company's bitcoin mining arm, in Atlanta. It will provide an additional 20 megawatts (MW) of power to its mining operations. CleanSpark said it expects to complete the installation of the mining infrastructure and have the miners running by late 2021.

The bitcoin mining operations that will take place in the new data center are expected to be 100% net carbon-neutral. This will be made possible through Georgia's Simple Solar program, which will allow CleanSpark to offset the location's carbon footprint with solar energy. The company said it plans to go further and add renewables onsite, including solar and other microgrid solutions.

This purchase follows CleanSpark's recent announcement outlining its expansion plans for 2021 as the company makes strides to increase its mining fleet. By year-end, the company's ambitious goal is to have a 2,000 petahashes per second (PH/s) hash rate capacity.

"We have been working on a number of opportunities to increase our Bitcoin production capabilities, including energy expansion in Atlanta, our partnership with Coinmint, and now the purchase of this facility to increase the total energy capacity in our portfolio," Bradford added. "We have over 23,500 S19 ASICS miners that will be delivered over the coming year."

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

mining increase capacity bitcoin center data purchased

mining increase → Результатов: 126


Фото:

Trade War Between China and USA Affects GPU Tariffs, Cryptocurrency Mining to be Affected

President Trump’s latest tariffs on Chinese goods could lead to an increase of graphics cards from both AMD and NVIDIA in the following months, reported CNBC on September 27, 2018.   In a competitive mining scene where profit margins are slim, even the slightest increase in costs could mean the difference from being in the black and being in the red.

2018-9-30 18:00


Фото:

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


Фото:

DPW Holdings New Hydroelectric Dam Is A Crypto Mining Revolution

Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment.

2018-8-28 14:00


Another US City Imposes a Moratorium on Crypto Mining

The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the residents’ power and effectively make all of them get a price increase on their utility bills,” a member of the city’s council […] The post Another US City Imposes a Moratorium on Crypto Mining appeared first on Bitcoin News.

2018-8-11 16:20


Фото:

Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight

In recent regulatory news, Dutch police have reported an increase in electricity fraud associated with crypto mining, a Michigan Republican member of the House Financial Services Committee has urged Congress to make the development of clear guidelines overseeing the cryptocurrency industry a top priority, and digital currency advocacy group, Chamber of Digital Commerce, has published […] The post Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight appeared first on Bitcoin News.

2018-7-31 18:35


Фото:

‘Miners Are Miners Again’: Bitcoin Core Dev Launches Alternative Mining Protocol

Bitcoin core developer Matt Corallo has launched a mining pool which aims to increase decentralization as Bitcoin mining becomes increasingly monopolized. Corallo: Miners ‘Have No Control’ Beginning June 25 but still with what Corallo describes as “vulnerabilities,” the pool uses BetterHash, a protocol which seeks to offer mining pool users the option to use their own block templates rather than those prescribed by pool owners.

2018-7-3 20:00


Фото:

Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.

2018-6-23 07:00