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Home Bitcoin

CleanSpark Buys Second Data Center

by thecvamx
in Bitcoin
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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.”

CleanSpark, a software program and providers firm that lately ventured into bitcoin mining, has introduced the acquisition of an 87,000 sq. foot knowledge middle in Norcross, Georgia. The corporate plans to leverage the brand new facility to extend its present bitcoin mining capability.

“This facility, with its 20 MW of energy, will permit us to place over 6,000 extra S19s into operation,” mentioned Zach Bradford, the CEO and President of CleanSpark. “It’s anticipated to provide over 650 PH/s upon set up.”

The previous Dash/Nextel knowledge middle was bought for $6.55 million in a deal closed on August 6, 2021, and is positioned 33 miles away from the present operations of CleanBlok, the corporate’s bitcoin mining arm, in Atlanta. It can present a further 20 megawatts (MW) of energy to its mining operations. CleanSpark mentioned it expects to finish the set up of the mining infrastructure and have the miners operating by late 2021.

The bitcoin mining operations that may happen within the new knowledge middle are anticipated to be 100% web carbon-neutral. This shall be made potential by way of Georgia’s Easy Photo voltaic program, which can permit CleanSpark to offset the situation’s carbon footprint with photo voltaic vitality. The corporate mentioned it plans to go additional and add renewables onsite, together with photo voltaic and different microgrid options.

This buy follows CleanSpark’s latest announcement outlining its growth plans for 2021 as the corporate makes strides to extend its mining fleet. By year-end, the corporate’s formidable purpose is to have a 2,000 petahashes per second (PH/s) hash charge capability.

“We have now been engaged on various alternatives to extend our Bitcoin manufacturing capabilities, together with vitality growth in Atlanta, our partnership with Coinmint, and now the acquisition of this facility to extend the overall vitality capability in our portfolio,” Bradford added. “We have now over 23,500 S19 ASICS miners that shall be delivered over the approaching 12 months.”

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