Blockworks: BTC Miners Spend Differently — Here’s Why

Recent announcements from segment players inform the various strategies behind spending capital By: Ben Strack Merry Christmas and Happy Hanukkah to those who celebrate. Kwanzaa kicks off tomorrow too. While Santa’s elves worked hard in the holiday lead-up, bitcoin miners were busy raising money for different purposes.  We touched on this phenomenon earlier this month. Bitdeer noted […]

Cointelegraph: CleanSpark Targets 400 MW Bitcoin Mining Capacity After Acquiring GRIID

CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.  By: Martin Young Bitcoin mining firm CleanSpark said it is closer to realizing its plan to build 400 megawatts of capacity in the coming years after acquiring American-based infrastructure company GRIID. On Oct. 31, CleanSpark […]

Decrypt: Bitcoin Price to $200,000? CleanSpark CEO Says It’ll Happen in 18 Months

CleanSpark CEO Zach Bradford told Bernstein he’s expecting a post-election bump in markets. By: Murtuza Merchant CleanSpark CEO Zach Bradford Monday said Bitcoin could peak at nearly $200,000, potentially within the next 18 months. In an interview with Bernstein, he said that this bullish momentum is expected to commence following the U.S. presidential election. “I believe […]

The Block: Bitcoin Miner CleanSpark Restores 200 MW in the Wake of Hurricane Helene

CleanSpark shuts down 365 MW at Georgia sites, begins phased restoration after Hurrican Helene. CleanSpark restores 200 MW at Georgia sites, expects full restoration by Oct. 4. CleanSpark expects bitcoin hashrate to reach 28 EH/s once fully operational. By: Jason Shubnell Hurricane Helene wreaked havoc over the weekend, as the Category 4 hurricane brought high […]

Cointelegraph: CleanSpark Acquires 7 Mining Sites in Tennessee, Hashrate to Grow 22%

CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure’s facilities there. By: Derek Andersen The United States Bitcoin miner CleanSpark has agreed to purchase seven cryptocurrency mining facilities and their associated land in the Knoxville, Tennessee, area. The new acquisitions will boost CleanSpark’s hashrate by 22%, the company said. According to a trade publication, […]