CleanSpark to Expand Hash Rate to 8.7 EH/s with Georgia Site

• CleanSpark has announced the start of construction on a 16,000 miner site in Washington, Georgia.
• The expansion is estimated to cost $16 million and could bring the company’s hash rate up to 8.7 EH/s.
• The mining machines will consist of Antminer S19j Pro and Antminer S19 XP models which are power-efficient and sustainable.

CleanSpark Announces Construction of 16,000 Miner Site

CleanSpark has announced the start of construction on a site in Washington, Georgia, set to house 16,000 miners. This expansion is estimated to cost nearly $16 million according to the press release sent to Bitcoin Magazine and could bring the company’s hash rate total up to 8.7 EH/s.

Mining Machine Fleet

The mining machine fleet at the new phase will consist of Antminer S19j Pro and Antminer S19 XP models, the newest and most power-efficient models of bitcoin mining machines available today. Scott Garrison, vice president of business development at CleanSpark emphasized how this site “uses mainly low-carbon sources of power, employs newest generation tech, and is among the most power-efficient and sustainable bitcoin mining operations.”

Rapid Expansion

Despite the recent wider downturn in the mining industry, CleanSpark has seen a remarkable expansion from just 2.1 EH/s in January 2022, to 6.2 EH/s in December 2022. This expansion alongside another site buildout in Sandersville, Georgia is set to continue that rapid growth in the coming year.

CEO Comment

Zach Bradford CEO commented saying “when we purchased the Washington site in August we were confident about our ability to quickly expand adding this 50MW to existing 36 MW infrastructure”. He added that they are looking forward “to expanding our relationship with Washington City community” as well as being able support construction jobs that come with it too.

Conclusion

In conclusion CleanSpark is continuing its rapid expansion despite market downturns by constructing a 16 000 miner site estimated at $16 million which will bring its hash rate up 8 7EH/S .The project uses mainly low carbon sources for power efficiency and sustainability making it one of CleanSpark’s most ambitious projects yet