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- The initial 25,000 miners are scheduled to arrive gradually throughout August.
- CleanSpark asserts that 90% of its existing energy supply is derived from carbon-free sources.
CleanSpark, a Bitcoin mining company located in Sandersville, Georgia, USA, has revealed the finalization of a $144.9 million deal to purchase 45,000 Antminer S19 XP Bitcoin mining units from Bitmain.
The first batch of 25,000 miners is expected to begin arriving over the course of August, with the additional units set to follow in the subsequent month. Once fully operational, CleanSpark’s fleet in Georgia will enhance the company’s processing capacity by 6.3 exahashes per second (EH/s), representing a 95% increase from its current level of 6.7 EH/s.
Furthermore, in February, CleanSpark acquired 20,000 miners, which are already on their way to its Washington facility in Georgia. By the end of this quarter, when these units are fully operational, the Washington plant will contribute an additional 2.44 EH/s to the company’s overall hash rate.
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Aiming to surpass 16 EH/s by year’s end, CleanSpark claims to currently possess a total of 15.9 EH/s either in operation or under contract.
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For perspective, CoinWarz estimates that the present Bitcoin mining network hash rate is approximately 322.53 EH/s. Should all of CleanSpark’s machines be online at this moment, they would account for roughly 5% of Bitcoin’s overall computational power.
Established in 1987, CleanSpark has been providing software and energy solutions but only commenced Bitcoin mining activities in 2020.
The company promotes its operations as “sustainable Bitcoin mining,” aiming to run all its mining activities on renewable energy. CleanSpark reports that 90% of their current energy supply is sourced from carbon-free alternatives. With Bitcoin prices exceeding the $30k mark, it presents a favorable scenario for miners following a challenging previous year.
