CleanSpark Bolsters Hashrate by Acquiring Mississippi Bitcoin Mining Sites
CryptoNewsTerminal Staff17 Sep, 2024
CleanSpark Bolsters Hashrate by Acquiring Mississippi Bitcoin Mining Sites
CleanSpark, a Bitcoin mining company based in the United States, has recently acquired two Bitcoin mining sites in Mississippi for approximately $5.77 million. According to CryptoBriefing, this acquisition will add 16.5MW to CleanSpark's hashrate capacity. In addition to the Mississippi sites, CleanSpark has also completed construction of a second mining facility located in Wyoming. These acquisitions and expansions are part of the company's strategy to increase its Bitcoin production and profitability. CleanSpark's Mississippi mining sites are expected to be operational by the end of the year, while the Wyoming facility is already up and running. The company's goal is to become one of the largest Bitcoin miners in North America, and these acquisitions are a significant step towards achieving that objective.
