Cleanspark Acquires 5 Bitcoin Mining Facilities In Georgia Worth IDR 421 Billion

Cleanspark acquisition of 5 Bitcoin mining facilities in Georgia worth IDR 421 billion (Photo; Doc. Crypto Politan)

JAKARTA - Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for a value of 25.8 million US Dollars or around IDR 421.8 billion. This agreement, which is expected to be completed soon, will increase the company's operational hashrate to more than 20 EH/s by the end of this month, marking an important milestone in the company's sustainable growth strategy.

These five acquired new sites, ranging from 8 megawatts (MW) to 15 MW, will bring total Cleanspark infrastructure in Georgia to more than 400 MW after everything is fully operational. This acquisition includes an interruptible-load charging purchase agreement, which increases the load-balance capability for local electric cooperatives and demonstrates Cleanspark's commitment to continuing to develop and expand operations in the bitcoin mining industry.

The company is currently operating infrastructure in Georgia, Mississippi and New York, and has announced plans for additional locations in Wyoming. Cleanspark CEO Zach Bradford stated that this acquisition is an important milestone in the company's growth strategy.

"These sites not only increase the ability to balance the burden for local cities that work with us, but also ensure the achievement of our mid-year target of achieving 20 EH/s hashrate operations," Bradford said in an email sent to Bitcoin.com News.

This new facility will use the latest generation S21 pro miners, which is expected to contribute to a combined hashrate of 3.7 EH/s. This acquisition is part of a broader Cleanspark strategy to analyze nearly one new gigawatt of opportunities, with the aim of encouraging innovation and shareholder value in the bitcoin mining industry.

Dengan menambah kapasitas hashrate yang signifikan, perusahaan ini siap untuk meningkatkan produksi bitcoin secara substantif. Infrastruktur tambahan di Georgia akan memperkuat posisi Cleanspark sebagai salah satu pemain utama di pasar penambang bitcoin.

In addition, the use of the latest mining technology ensures higher efficiency and increased mining returns. This provides competitive benefits for Cleanspark in a very dynamic and competitive industry.