Share this article
Bitcoin Miner CleanSpark to Buy 2 Georgia Facilities for $9.3M
The new facilities are expected to add just under 1 EH/s to CleanSpark's hashrate.
Updated Jun 21, 2023, 2:14 p.m. Published Jun 21, 2023, 1:00 p.m.
Nasdaq-listed bitcoin mining firm CleanSpark (CLSK) has agreed to acquire two facilities in Dalton, Georgia for $9.3 million in cash.
The facilities will host over 6,000 Bitmain Antminer S19 XPs and S19J Pro+s and are expected to add just under 1 exahash per second (EH/s) to CleanSpark's hashrate, according to an emailed announcement on Wednesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
CleanSpark's aim is to have 16 EH/s of power by the end of 2023, which the acquisition of these facilities will "ensure [they] have more than enough infrastructure to reach," CEO Zach Bradford said.
Its previous big move was the purchase of 45,000 new Bitmain Antminer S19 XPs for $144.9 million in April.
"We continue to make use of opportunities created by current market conditions to prepare for next year’s bitcoin halving,” said CFO Gary A. Vecchiarelli.
With the industry still reeling from the sharp fall in bitcoin's valuation last year combined with rising costs from high electricity prices, mining firms are looking toward bitcoin's next halving, now less than a year away, which will reduce rewards for mining blocks, and challenge their profit margins even more.
Read More: Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
TradFi giant EquiLend backs Digital Prime to link $40 trillion pool with tokenized markets
The partnership will focus on Tokenet, Digital Prime's institutional lending network, and introduce new features like regulated stablecoin collateral.
What to know:
- EquiLend made a minority investment in Digital Prime Technologies, a regulated crypto financing provider, to expand into tokenized assets and digital markets.
- The relationship will focus on Tokenet, Digital Prime's institutional lending network, and introduce new features like regulated stablecoin collateral.
- The investment aims to provide continuity across asset classes, meeting institutions' growing demand for governance and transparency in digital markets.
Top Stories
