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CleanSpark signed agreement to buy two bitcoin mining companies

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US mining company CleanSpark has announced plans to acquire two mining facilities located in Dalton, Georgia, for $9.3 million.

These facilities will be equipped with more than 6,000 Bitmain Antminer S19 XP and S19J Pro+ devices. The acquisition is projected to increase the company's hash rate by 1 EH/s. 

The company plans to ramp up its capacity to 16 EH/s by the end of 2023, and CEO Zach Bradford said the new capacity should be enough for that.

In May, CleanSpark signed a $40.5 million deal to obtain 12,500 Bitmain Antminer S19 XP units, bringing the company's "fleet" to 67,700 devices. Since the start of 2023, CleanSpark has mined 2,395 BTC, with an approximate value of $64.6 million at current exchange rates. 

Gary Vecchiarelli - CleanSpark's CFO - commented that the company is taking full advantage of the current market situation to prepare for next year's bitcoin halving. 

In February this year, the company's management announced its plans to expand its business through mergers and acquisitions.

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