- CleanSpark Announces Site Expansion: CleanSpark has announced the start of construction on a new site in Washington, Georgia, set to house 16,000 miners and increase the company’s hash rate to 8.7 EH/s.
- Investment Cost: The expansion is estimated to cost nearly $16 million according to the press release.
- Power-Efficient Technology:The mining machine fleet at the new phase will consist of Antminer S19j Pro and Antminer S19 XP models, the newest and most power-efficient models of bitcoin mining machines available today.
CleanSpark Announces Site Expansion
CleanSpark has announced the start of construction on a site in Washington, Georgia, set to house 16,000 miners, which could bring the company’s hash rate total to as high as 8.7 EH/s. The expansion is estimated to cost nearly $16 million according to the press release sent to Bitcoin Magazine. The mining machine fleet at the new phase will consist of Antminer S19j Pro and Antminer S19 XP models, the newest and most power-efficient models of bitcoin mining machines available today.
Company Growth & Expansion Plans
When CleanSpark purchased the Washington site in August 2022 they were confident about their ability to quickly expand adding 50 MWs of infrastructure. This second phase more than doubles their existing operation with Scott Garrison vice president of business development highlighting how it “uses mainly low-carbon sources of power, employs newest generation tech, and is among the most power-efficient and sustainable bitcoin mining operations.” Despite recent downturns in the industry CleanSpark has seen a remarkable growth from 2.1 EH/s in January 2022 up to 6.2 EH/s in December 2022 which is set for continued rapid growth alongside another site buildout in Sandersville Georgia.
CEO Comment On Expansion Plans
Zach Bradford CEO commented on this news saying “when we purchased the Washington site in August we were confident about our ability to quickly expand adding this 50MW to existing 36MW infrastructure”. He also added that they are looking forward “to expanding our relationship with Washington City community and be able support construction jobs that come with this expansion”
Antminer Model Usage
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The new site will use Antminer S19j Pro and Antminer S19 XP models which are currently one of most efficient model used for bitcoin mining making them best choice for large scale operations like these one being built by Clean Spark team .
Conclusion
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With this second phase more than doubling their existing operation Clean Spark team seem ready for rapid growth within next year with help from new sites being built alongside other expansions taking place around them .