CleanSpark to boost capacity of purchased mining centre by 50 MW

Bitcoin-mining company CleanSpark has begun constructing the second phase of a data centre in Washington, Georgia, USA. The capacity of the previously acquired facility will be increased by 50 MW.

🚧🚧🚧 Expansion alert: $CLSK has broken ground on phase 2 of our #WashingtonGA #bitcoin mining site! It will hold up to 16,000 miners.

With projected completion of the 50 MW in late spring, we expect our #hashrate to reach as high as 8.7 EH/s.

More: https://t.co/q03mUT4S2n pic.twitter.com/sTAylY3SKN

— CleanSpark Inc. (@CleanSpark_Inc) January 19, 2023

In August 2022, CleanSpark bought an operating bitcoin-mining facility from WAHA Technologies for $16.2 million. The facility’s capacity was 36 MW, with the possibility of expanding to 50 MW.

The company plans to deploy, as part of the expansion, a fleet of ASIC miners of the latest-generation Antminer S19j Pro and Antminer S19 XP models. Depending on the mix of devices, the hash rate increase will be 1.6-2.2 EH/s, which is 25-34% higher than the current 6.5 EH/s.

CleanSpark plans to spend $16 million on the build-out and to host up to 16,000 additional miners at the site.

“When we acquired the Washington site in August, we were confident in our ability to swiftly scale by adding 50 MW to the existing infrastructure. The second phase will more than double the scale of our existing operations,” commented CleanSpark CEO Zak Bradford.

Throughout 2022, as part of its bear-market expansion policy, the company made a string of purchases — including data centres and batches of modern equipment for Bitcoin mining.

In an exclusive ForkLog feature, what happened in the mining industry in 2022 and how its participants survived the crypto-winter was discussed.

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