• CleanSpark announces the start of construction on a 16,000 miner site in Washington, Georgia.
• The expansion is estimated to cost nearly $16 million and is expected to bring the company’s hash rate total to 8.7 EH/s.
• The mining machines will include Antminer S19j Pro and Antminer S19 XP models, which are among the most power-efficient and sustainable bitcoin mining operations available today.
CleanSpark Announces Construction of 16,000 Miner Site
CleanSpark has announced the start of construction on a site in Washington, Georgia set to house 16,000 miners. This could bring the company’s hash rate total to as high as 8.7 EH/s and contribute an additional 2.2 EH/s of hash rate for the company. It is estimated that this expansion will cost nearly $16 million according to CleanSpark’s press release sent out to Bitcoin Magazine.
Mining Machine Fleet
The mining machine fleet at the new phase will consist of Antminer S19j Pro and Antminer S19 XP models which are said to be the newest and most power-efficient models of bitcoin mining machines available today. These machines use mainly low-carbon sources of power and employ newest generation tech making them some of the most power-efficient and sustainable bitcoin mining operations available today.
Growth & Expansion
Despite significant downturns in the mining industry recently, CleanSpark has managed rapid growth from 2.1 EH/s in January 2022 up to 6.2 EH/s in December 2022 due to its expansion plans alongside another site buildout in Sandersville, Georgia planned for later this year.
Company Comments
Commenting on their acquisition of this new site Zach Bradford, CleanSpark CEO stated “When we purchased the Washington site in August we were confident about our ability to quickly expand adding this 50MW infrastructure”. Scott Garrison Vice President of Business Development added “We are looking forward to expanding our relationship with The Washington City community and being able to support construction jobs that come with this expansion”.
Conclusion
This exciting news from CleanSpark shows just how rapidly they have been able expand their operations despite recent downturns in industry trends – it’ll be interesting too see how far they can go!