On September 10, 2024, CleanSpark, Inc., a Nevada-based company, announced the acquisition of seven bitcoin mining facilities in Tennessee through its subsidiary, CleanSpark TN, LLC. The total purchase price for the facilities, which have a combined capacity of 85 megawatts, is $25 million. The acquisition includes the assumption of real property leases and power agreements. Additionally, CleanSpark's subsidiary, CSRE Properties Tennessee, LLC, entered into an agreement to purchase approximately 21 acres of real property and associated assets for $2.5 million. The transactions are expected to close by September 25, 2024, subject to customary closing conditions. This strategic move is expected to add 5 exahashes per second (EH/s) to the company's operating hashrate, a 22 percent increase, once the latest S21 pro miners are installed. CleanSpark anticipates this will help achieve a total hashrate of 37 EH/s by the end of 2024. The company's CEO, Zachary Bradford, highlighted the acquisition as part of CleanSpark's growth strategy and commitment to community-oriented operations in regions with favorable political and energy environments.

On September 10, 2024, CleanSpark, Inc., a Nevada-based company, announced the acquisition of seven bitcoin mining facilities in Tennessee through its subsidiary, CleanSpark TN, LLC. The total purchase price for the facilities, which have a combined capacity of 85 megawatts, is $25 million. The acquisition includes the assumption of real property leases and power agreements. Additionally, CleanSpark's subsidiary, CSRE Properties Tennessee, LLC, entered into an agreement to purchase approximately 21 acres of real property and associated assets for $2.5 million. The transactions are expected to close by September 25, 2024, subject to customary closing conditions. This strategic move is expected to add 5 exahashes per second (EH/s) to the company's operating hashrate, a 22 percent increase, once the latest S21 pro miners are installed. CleanSpark anticipates this will help achieve a total hashrate of 37 EH/s by the end of 2024. The company's CEO, Zachary Bradford, highlighted the acquisition as part of CleanSpark's growth strategy and commitment to community-oriented operations in regions with favorable political and energy environments.