CleanSpark Inc. announced Announced the completion of Phase II of the Mining Campus Expansion in Washington, Georgia. The expansion is expected to increase CleanSpark’s bitcoin mining compute power by 1.8 exahashes per second (EH/s) to a total of 8.5 EH/s. The company has set lofty goals to reach the target of 16 EH/s by the end of the year. The University of Washington campus has a capacity of 50 megawatts (MW) and currently operates more than 10,500 miners, with a total investment of more than $100 million.
Zack Bradford, CEO of CleanSpark, appreciated the successful implementation of the expansion, and highlighted the technical expertise and support from the local community. He stated, “This expansion has really helped us reach more than halfway to our year-end guidance of 16 EH/s.”
CleanSpark is actively pursuing growth opportunities, particularly during the recent downturn. Last month, the company acquired a turnkey bitcoin mining campus in Dalton, Georgia, consisting of two locations, for $9.3 million. In addition, in the same month, the company announced the acquisition of more than 12,000 high-end mining machines.
The expansion into Washington, Georgia, marks another milestone for CleanSpark as it continues to increase its bitcoin mining capacity.