Found some good news for the day…. 🤗
CleanSpark mopping up some mining facilities.
Noice.
”The Company anticipates closing at each of the sites on or before September 25, 2024” That’s damn fast!
Very excited to see these sites loaded up with the new S21 Pros
”we now expect to achieve 37 EH/s before the end of 2024.”
37!!!
Bullish
They’ve entered into definitive agreements to acquire 7 Bitcoin mining facilities and certain associated land in the Knoxville, Tennessee, area with 85 MW of immediately available capacity, anticipated to add 5 EH/s to our hashrate once the latest generation S21 pro miners are installed.
The cash payments of $27.5 million for the acquisition equate to approximately $324,000 per megawatt. This builds on CLSK’s strategy of securing high-quality infrastructure opportunities at market-leading valuations. The seven sites range in size from 10 MW to 20 MW. We expect closing at each of the sites on or before September 25, 2024.
Source: CleanSpark investor relations announcement
