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 […]
CoinDesk: CleanSpark’s $650M Convert Deal
By: Will Foxley Convertible notes are all the rage in Bitcoin mining today. How did CleanSpark structure its note? We dig in! Watch the interview here.
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 […]
Bitcoin.com News: CleanSpark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
CleanSpark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. By: Jamie Redman CleanSpark Now Operates 30 EH/s of Computational […]
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 […]
Clarion Ledger: Bitcoin Company Buys Jackson-Area Land for Development. It Costs Millions
By: Ross Reily A bitcoin company has purchased two properties in and around Clinton to turn into mining sites. CleanSpark announced Tuesday it is constructing two buildings associated with the properties with an expected completion date of Dec. 1. The sites will be home to a total of 20 custom-crafted, air-cooled mining pods. The acquisitions […]
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, […]
Reuters: AI’s Race for Us Energy Butts up Against Bitcoin Mining
CleanSpark increased our Bitcoin holdings in the final month of 2024 as efficiency improved with a sharp acceleration of hashrate growth.
Bitcoin.com News: CleanSpark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal
CleanSpark increased our Bitcoin holdings in the final month of 2024 as efficiency improved with a sharp acceleration of hashrate growth.