CleanSpark, a US-based Bitcoin mining company focused on clean energy, has acquired five mining facilities in Georgia for $258,000. The transaction is expected to be completed immediately, and these new entities may contribute additional computational power of over 3.7 exahashes (EH/s) per second. The capacities of various devices range from 8 MW to 15 MW, totaling 60 MW. By the end of October, the company expects this acquisition to increase its total hash rate to over XNUMX EH/s. Additionally, these facilities include power purchase agreements that help balance the local power grid.
Zach Bradford, CEO of CleanSpark, emphasized how Bitcoin mining operations complement and help achieve CleanSpark’s goals of a decentralized energy infrastructure, such as infrastructure supporting local load balancing.
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Recently, former President Donald Trump has put the spotlight on the domestic mining industry in the United States. During a meeting with mining industry leaders, Trump mentioned the significance of Bitcoin for America’s energy dominance and as a defense against central bank digital currencies (CBDCs).
While some cryptocurrency enthusiasts dismiss Trump’s statements, claiming he is unfamiliar with the industry, others applaud his efforts to make America a leader in cryptocurrency innovation. Marathon Digital Holdings, along with other companies like Riot Platforms and CleanSpark, has launched the “Bitcoin Voter Project”; a non-partisan initiative aimed at introducing voters to digital assets and the blockchain industry without supporting any political candidates or parties.
