Cleanspark Buys US Bitcoin Miner for $19.4 Million, Plans to Quadruple Mining Capacity
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Cleanspark Buys US Bitcoin Miner for $19.4 Million, Plans to Quadruple Mining Capacity

THELOGICALINDIAN - Cleanspark Inc a Nevadabased association said Thursday that it is accepting US bitcoin miner ATL Data Centers for 194 actor in a accord to be absolutely acclimatized in shares

Cleanspark specializes in microgrid activity software. It claims that it can use this technology at the ATL ability to actualize activity savings, aggrandize absolute ability capacity, and abate greenhouse gas emissions.

According to a press statement, Nasdaq-listed Cleanspark intends to quadruple the cardinal of ASIC bitcoin miners in operation at ATL. This will appear already the close adds addition 30 megawatts (MW) of electricity to the ability by April 2021, bringing absolute accommodation to 50MW.

There are currently 3,471 bitcoin mining units at ATL, with a accumulated hashrate of 190 petahash per additional (PH/s). When the new rigs are absolutely installed, Cleanspark expects that the ability will access its bitcoin mining accommodation to amid 0.9 and 1.4 exahash per additional (EH/s).

The aggregation said it will “demonstrate” that through the use of its microgrid software, “we can abate the amount of activity to beneath $0.0285 per kw/h.” Eventually, the ability will affection a real-time web-based appearance of ability and dollar accumulation generated by Cleanspark’s technology, it claimed.

“We articular energy-intensive companies adverse the greatest bulk of acknowledgment to aerial ability costs and resiliency risk,” abundant Zachary Bradford, arch controlling administrator of Cleanspark. “Our above-mentioned acquaintance in the agenda bill mining industry provided acumen into how able activity administration was acute to acknowledged and assisting mining operations.”

In 2024, Cleanspark advised what it calls “a microgrid band-aid for a ‘stand-alone’ adaptable bitcoin mining system.” Bradford said as allotment of the ATL complex, they now accept 23 such adaptable mining rigs in accession to the capital facility.

Shares of Cleanspark soared as abundant as 13% on the account on Thursday. The banal is up 6.6% at $16.41 in Friday morning trade. In the accomplished 52 weeks, it has oscillated amid a low of $0.97 and a aerial of $16.95.

What do you anticipate about Cleanspark’s accretion and its microgrid software? Let us apperceive in the comments area below.

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