CleanSpark’s Bitcoin Mining Expansion: 50 MW Capacity Increase, Forbes Recognition
CleanSpark, America’s Bitcoin Miner, has released its unaudited bitcoin mining and operations update for the month ending February 28, 2023, as per GlobeNewswire. CleanSpark is preparing for halving next year and is expanding its mining capacity with an additional 50 megawatts in Washington.
The company increased efficiency by over three percent compared to December 2022 and increased its profit margins, despite compressed production due to February being the shortest month. The company is preparing for halving next year by continuing to test and deploy all hardware and software. CleanSpark has announced its plan to expand its mining capacity by launching an additional 50 megawatts in Washington, where construction is underway. The company’s fleet of bitcoin miners includes 66,900 machines of the latest generation, with a total hashrate of 6.6 EH/s.
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