{"id":492053,"date":"2022-09-09T20:45:00","date_gmt":"2022-09-09T17:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cleanspark-acquires-mining-facility-in-georgia-for-33-million\/"},"modified":"2022-09-09T20:45:00","modified_gmt":"2022-09-09T17:45:00","slug":"cleanspark-acquires-mining-facility-in-georgia-for-33-million","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cleanspark-acquires-mining-facility-in-georgia-for-33-million\/","title":{"rendered":"# CleanSpark acquires mining facility in Georgia for $33 million"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3858d1bea50\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3858d1bea50\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/cleanspark-acquires-mining-facility-in-georgia-for-33-million\/#%E2%80%9D_CleanSpark_acquires_mining_facility_in_Georgia_for_33_million_%E2%80%9C\" >&#8221; CleanSpark acquires mining facility in Georgia for $33 million &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_CleanSpark_acquires_mining_facility_in_Georgia_for_33_million_%E2%80%9C\"><\/span>&#8221; CleanSpark acquires mining facility in Georgia for $33 million &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzM5ZTk3ZjctNDYxMC00MDhkLWE4NmYtZDI5NjY0ZGFkZjUxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-71846793>Crypto mining firm CleanSpark <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/09\/09\/2513221\/0\/en\/CleanSpark-Announces-Agreement-with-Mawson-Infrastructure-Group-to-Acquire-Turnkey-Bitcoin-Mining-Facility.html\">announced<\/a> an agreement on Friday to acquire Mawson&#8217;s Bitcoin mining facility in Sandersville, Georgia for $33 million. The deal is anticipated to increase CleanSpark&#8217;s hash rate by 1.4 exahashes per second (EH\/s) in the next few months, and to 7.0 EH\/s by the end of next year.<\/p>\n<p>As part of the agreement, 6,468 last-generation mining ASICs will be purchased for $9.5 million, or $17 per terahash. &#8220;These machines, already operating at the acquired site, will add over 558 petahashes per second (PH\/s) of computing power im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely upon closing,&#8221; the company explains. <\/p>\n<p>For the facility and miners, CleanSpark will pay up to $42.5 million, including up to $11 million in CleanSpark stocks and $4.5 million in earn-out commitments. The site in Georgia can support 24,108 latest-generation miners and the company plans to expand to support 70,000 miners producing over 7.0 EH\/s in 2023.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">G&#8217;day mate. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24CLSK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$CLSK<\/a> has agreed to acquire Australian-based <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Mawsoninc?ref_src=twsrc%5Etfw\">@Mawsoninc<\/a>&#8216;s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a> mining facility in Sandersville, GA. This marks our 4th site in the state &amp; it\u2019s expected to support 7.0 EH\/s of our <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/hashrate?src=hash&amp;ref_src=twsrc%5Etfw\">#hashrate<\/a>.<\/p>\n<p>More info: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/C9c20IYIhW\">https:\/\/t.co\/C9c20IYIhW<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/renewables?src=hash&amp;ref_src=twsrc%5Etfw\">#renewables<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/sustainability?src=hash&amp;ref_src=twsrc%5Etfw\">#sustainability<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mdLmwtC5eK\">pic.twitter.com\/mdLmwtC5eK<\/a><\/p>\n<p>\u2014 CleanSpark Inc. (@CleanSpark_Inc) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CleanSpark_Inc\/status\/1568273594114838534?ref_src=twsrc%5Etfw\">September 9, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nCleanSpark has accelerated its consolidation in a bear market with high energy costs. On Thursday, the company announced a purchase agreement with Cryptech Solutions for 10,000 Bitmain Antminer S19j Pro units for a total price of $28 million.<\/p>\n<p>In July, CleanSpark disclosed the purchase of over 1,000 Bitcoin miners from Whatsminer M30S at a &#8220;substantially discounted price.&#8221; In June, the mining company also bought 1,800 Antminer S19 XP rigs. <\/p>\n<p>During the bull market, the company focused on building infrastructure before ordering equipment months in advance. \u201cThis strategy positioned us to make purchases of landed rigs at significantly lower prices, thus reducing the time between deploying capital and hashing, accelerating our return on investment,\u201d said Zach Bradford, CEO of CleanSpark. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/cleanspark-acquires-mining-facility-in-georgia-for-33-million\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; CleanSpark acquires mining facility in Georgia for $33 million &#8220; Crypto mining firm CleanSpark announced an agreement on Friday to acquire Mawson&#8217;s Bitcoin mining facility in Sandersville, Georgia for $33 million. The deal is anticipated to increase CleanSpark&#8217;s hash rate by 1.4 exahashes per second (EH\/s) in the next few months, and to 7.0&#8230;<\/p>\n","protected":false},"author":1,"featured_media":492054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzM5ZTk3ZjctNDYxMC00MDhkLWE4NmYtZDI5NjY0ZGFkZjUxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75042,52711,4965],"class_list":["post-492053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-mining","tag-hardware","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/492053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=492053"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/492053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/492054"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=492053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=492053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=492053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}