Summary by Futu AI
On August 1, 2024, CleanSpark, Inc., a prominent player in the Bitcoin mining industry, announced the completion of its acquisition of a Bitcoin mining site in Wyoming, marking a significant expansion of its operations. The newly acquired site, which boasts a 30 MW power capacity, is expected to contribute over 2 exahashes per second to CleanSpark's hashrate in 2024. This site in Cheyenne will operate as a fully immersion-cooled data center, the second in CleanSpark's portfolio. The company has also secured 75 MW of power contracts and is planning an immediate start to groundbreaking, with operations anticipated to commence before the end of 2024. CleanSpark plans to deploy the latest S21 immersion XPs, the most advanced Bitcoin mining machines available. Additionally, CleanSpark is working on...Show More