CleanSpark still to restore 165MW in aftermath of Hurricane Helene
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain […]
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The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain […]
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, […]
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure’s facilities there.
The US miner is now the second-largest by market cap, after flipping Riot Platforms.
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin.
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s.
CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams.
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another […]
