Bitcoin miner CleanSpark expands operations in Georgia By Cointelegraph

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(BTC) miner CleanSpark is expanding operations in the state of Georgia, adding to its mining capacity despite the ongoing bear market.

Groundbreaking on a new 50-megawatt Bitcoin mining facility in Washington, Georgia, is underway, with expected completion in late spring, CleanSpark disclosed on Jan. 19. The nearly $16 million expansion is expected to increase the company’s hashrate by 2.2 exahashes per second, with total hashrate reaching as high as 8.7 EH/s.

Like other publicly-traded Bitcoin miners, shares of CleanSpark (CLSK) have declined sharply over the past year. Source: TradingView.