CleanSpark Completes Acquisition of Recently Announced 86MW Facility in Georgia

Staff Report

Monday, August 22nd, 2022

 CleanSpark, Inc. today announced it has closed on the acquisition of an active bitcoin mining facility located in Washington, Georgia. The site is expected to add 2.6 EH/s to CleanSpark’s hashrate once all 86MW of predominantly carbon-free power is fully operational in 2023.

“This is a tremendous opportunity for CleanSpark and our shareholders and we are thrilled to be moving so quickly on the deployment of this site,” said Matt Schultz, executive chairman. “The community in Washington has welcomed CleanSpark with open arms, and we look forward to being their partners as we continue to build the transformative and sustainable infrastructure that is bitcoin mining.”

Bitcoin mining plays an important role in CleanSpark’s ESG commitments because it increases grid resiliency for local communities, such as Washington, GA. As part of the facility expansion, CleanSpark also expects to hire about 20 employees, most of which will come from Washington and the surrounding community. 

CleanSpark will host an open house for local media, community leaders, and interested citizens at the new site on September 8. Details will be announced in the coming weeks and available on the events section of www.cleanspark.com

The Washington site is CleanSpark’s third campus in Georgia, with other locations in College Park and Norcross. CleanSpark draws power predominantly from low-carbon sources, such as nuclear energy.