CleanSpark Inc. has introduced the completion of section two of its mining campus expansion in Washington, Georgia. The enlargement is predicted to extend CleanSpark’s bitcoin mining compute energy by 1.8 exahashes per second (EH/s) to a complete of 8.5 EH/s. The corporate has set lofty objectives of reaching a goal of 16 EH/s by the tip of the yr. The Washington campus has an influence capability of fifty megawatts (MW) and presently operates over 10,500 mining machines, with a complete funding of over $100 million.
Zach Bradford, CEO of CleanSpark, expressed his appreciation for the profitable execution of the enlargement, highlighting the technical experience and help from the local people. He said, “This enlargement has already helped us get greater than midway to our year-end steering of 16 EH/s.”
CleanSpark has been actively pursuing progress alternatives, significantly through the latest bear cycle. Final month, the corporate acquired a turnkey bitcoin mining campus in Dalton, Georgia, consisting of two websites, for $9.3 million. Along with that, in the identical month the corporate announced the acquisition of more than 12,000 leading edge mining machines.
The enlargement in Washington, Georgia, has marked one other milestone for CleanSpark because it continues to extend its bitcoin mining capability.
![Bitcoin [BTC], Gold, S&P 500 and a case of the widening correlation](https://www.blocpress.com/wp-content/uploads/2023/03/chart-1905225_1920-1000x600-120x86.jpg)
