🚀Attention BTC enthusiasts! CleanSpark Inc., a major player in the Bitcoin mining industry, is gearing up to double its operating hash rate in anticipation of the upcoming Bitcoin halving event.🎉

The company has announced strategic acquisitions and expansion plans to boost its mining capabilities and geographic reach. CleanSpark recently agreed to purchase three turnkey Bitcoin mining facilities in Mississippi for a total cash payment of $19.8 million, expected to close within 21 days. These acquisitions will significantly increase the company's operational hash rate.🌐

Upon closing, the combined Mississippi facilities are expected to contribute 2.4 EH/s (exahashes per second) to CleanSpark's mining operations. The firm also plans to acquire a third mining facility under construction in Dalton, GA, with an expected hash rate of 0.8 EH/s.🏭

CleanSpark is also expanding its existing Dalton campus, adding another 0.8 EH/s to its current operational hash rate of 0.8 EH/s. Once all facilities in Dalton are running at full capacity, CleanSpark aims to achieve a total operating hash rate of 2.4 EH/s.💪

CleanSpark CEO Zach Bradford is optimistic about the company's expansion efforts, stating, "I'm pleased to announce our expansion into nearby Mississippi and for our newest acquisition in Dalton, which will not only strengthen our ties in this vibrant community but also improve our operating efficiencies as we prepare for the halving."🌟

With these developments, CleanSpark aims to exceed 20 EH/s during the first half of 2024, doubling its current operational hash rate of 10 EH/s. The company plans to finance the acquisitions with cash.💰