CleanSpark


Finance

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

The company has been busy scooping up assets during the crypto bear market, but discounts may be slimming.

CleanSpark CEO Zach Bradford and Executive Chairman Matt Schultz (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

Thursday's reported first-quarter results from miners were a mixed bag.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Videos

Cleanspark Buys Nearly $145M of Bitcoin Mining Rigs to Double Its Hashrate

Crypto miner CleanSpark (CLSK) said in a press release that the firm has bought 45,000 new Bitmain Antminer S19 XPs for $144.9 million, which will almost double its current computing power, or hashrate, once installed. Plus, insights on the latest article from The New York Times that examines the environmental impact of bitcoin mining.

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Finance

CleanSpark Buys $144.9M of Bitcoin Mining Rigs to Double Its Hashrate

The brand new Bitmain Antminer S19 XPs miners will be delivered by September.

CleanSpark's bitcoin mining facility in College Park, Georgia. (Eliza Gkritsi/CoinDesk)

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Videos

Binance Reportedly Moved Funds From US Affiliate’s Silvergate Bank Account in 2021; CleanSpark Update

Crypto exchange Binance moved around $400 million in funds from Binance US's Silvergate Bank account to a trading firm called Merit Peak, according to a Reuters report. Plus, CleanSpark took advantage of the distressed state of the crypto mining industry to buy 20,000 new rigs at below-market rates, according to a Thursday press release.

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Finance

Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs

The Bitmain Antminer S19j Pro+ machines will increase CleanSpark's computing power by 37%.

Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)

Tech

Startup Sustainable Bitcoin Protocol Completes First Transaction of Clean Mining Tokens

Miner CleanSpark sold clean bitcoin tokens to alternative investment firm Melanion Capital.

El bear market afectó los precios de minería de bitcoin. (Marko Ahtisaari/Flickr)

Finance

Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market

The miner is looking to use mined bitcoin and equity to pay for its growth plans.

CleanSpark's immersion-cooled bitcoin miners at a site in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)

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Videos

CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?

Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new head John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal.

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Finance

Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site

The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.

Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)

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