CleanSpark announced Thursday that it will soon expand its crypto mining capacity by 200 megawatts in West Texas, with a goal of adding 300 megawatts on top of that in the future.
About 50 megawatts of CleanSpark’s new mining capacity will come online by December 2022 and the remaining 150 megawatts should be operational in the spring of 2023. That will take CleanSpark’s hashrate from the current 4 EH/s to an estimated 20 EH/s. CleanSpark said its strategy is to both expand its own mining facilities and to partner with colocation service providers such as Lancium.
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