Bitcoin miner CleanSpark is bucking the trend and expanding in the bear market, building a new facility in Georgia set to increase the company's hashrate by 2.2 exahashes per second. (Reporting via forgeforth_)
CleanSpark purchased its Georgia site in August beforeMawson Infrastructure Group the following month for $33 million. At the time, the company said it planned to support a mining fleet of up to 70,000 units in 2023.
CleanSpark received approval to trade publicly on the Nasdaq stock exchange in early 2020. The following year, the companyLike other publicly-traded Bitcoin miners, shares of CleanSpark have declined sharply over the past year. Source: TradingView.
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