The US miner is now the second-largest by market cap, after flipping Riot Platforms.
Nasdaq-listed Bitcoin miner CleanSpark is continuing its expansion with the groundbreaking for a new facility in Cheyenne, Wyoming, which it expects to be operational by yearend. It is also in the process of acquiring a second Wyoming site and will expand into Tennessee through the acquisition of GRIID Infrastructure.
CleanSpark has executed 75 megawatts of power contracts in Wyoming, with 30 MW to run S21 immersion XP application-specific integrated circuits (ASICs) at the facility already planned. That will raise the company’s hash rate by 2 EH/s. CleanSpark is seeking additional power sources for the facility.
The remaining contracted 45 MW is on hand for the second Wyoming site. CleanSpark is “progressing on the close of the underlying real estate” of that site, which is expected to add 3 EH/s to the hashrate when operational.
