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CleanSpark Expands Mining Operations, Boosts Future Hashrate

CleanSpark Expands Mining Operations, Boosts Future Hashrate

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Cleanspark ( (CLSK) ) has provided an announcement.

CleanSpark, Inc. has expanded its Bitcoin mining operations with the acquisition of two new sites in Mississippi and the closing of a second site in Wyoming. The Mississippi sites, secured for $5.775 million, will have a capacity of 16.5 MW and are scheduled for completion by December 1, 2024, which will enhance the company’s mining capacity in the state to 60.5 MW. Additionally, the Wyoming site will contribute 3 EH/s to CleanSpark’s hashrate. These recent developments are part of CleanSpark’s aggressive growth strategy, aiming to reach 37 EH/s by the end of 2024 and 50 EH/s the following year, reinforcing its commitment to increasing shareholder value.

For a thorough assessment of CLSK stock, go to TipRanks’ Stock Analysis page.

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