CleanSpark to Expand Mining Operations in Texas with up to 500 Megawatts of Renewable Power \ stacker news ~bitcoin

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CleanSpark to Expand Mining Operations in Texas with up to 500 Megawatts of Renewable Power www.globenewswire.com/news-release/2022/03/31/2413942/0/en/CleanSpark-to-Expand-Mining-Operations-in-Texas-with-up-to-500-Megawatts-of-Renewable-Power.html

12 sats \ 11 comments \ @BTCMiner 31 Mar 2022 bitcoin

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0 sats \ 9 replies \ @BTCMiner OP 31 Mar 2022

. Lancium’s Clean Campuses are located in regions with access to low-cost renewable energy. Enabled by the company’s proprietary Lancium Smart Response technology, these Campuses act as “Controllable Load Resources” (CLRs) which provide for enhanced reliability of the power grid and encourage the growth of additional renewable energy.

0 sats \ 7 replies \ @BTCMiner OP 31 Mar 2022

Today we announced @CleanSpark_Inc has signed an agreement to secure an initial 200 MW at our renewably-powered data centers in West Texas. Together we’re helping to ensure that renewable energy isn't wasted while balancing and stabilizing the power grid.

https://www.globenewswire.com/news-release/2022/03/31/2413942/0/en/CleanSpark-to-Expand-Mining-Operations-in-Texas-with-up-to-500-Megawatts-of-Renewable-Power.html

0 sats \ 5 replies \ @BTCMiner OP 31 Mar 2022

An article on this:

About 50 megawatts of CleanSpark’s new mining capacity will come online by December 2022 and the remaining 150 megawatts should be operational in the spring of 2023.

The company said the deal with Lancium stipulated that a least 70% of the energy delivered should be carbon-free, “with a commitment to work toward 100% renewable energy.”

CleanSpark inks deal to expand Texas mining capacity by up to 500 megawatts https://www.theblockcrypto.com/linked/140003/cleanspark-inks-deal-to-expand-texas-mining-capacity-by-up-to-500-megawatts https://archive.ph/bVc5p <-- No paywall, no subscription required, and easier to read

0 sats \ 3 replies \ @BTCMiner OP 31 Mar 2022

CoinDesk has an article on it as well:

CleanSpark’s stock has been a sizable outperformer in 2022, gaining 30% versus declines of 22% for Core Scientific, 10% for Marathon and 1% for Riot.

Lancium's proprietary “Smart Response” software allows these campuses to function as large power stations in reverse, absorbing renewable energy while providing grid ancillary services and helping manage the power flow more efficiently.

CleanSpark Aims to Be Among Top Bitcoin Miners With Up to 500MW Expansion https://www.coindesk.com/business/2022/03/31/cleanspark-aims-to-be-among-top-bitcoin-miners-with-up-to-500mw-expansion/ https://archive.ph/8kfIf <-- No paywall, no subscription required, and easier to read

0 sats \ 1 reply \ @BTCMiner OP 31 Mar 2022

And another article:

Cleanspark notes that as of February 28, the operation has 22,000 bitcoin mining rigs dedicating SHA256 hashrate to the network. Additionally, the firm has another 20,000 Bitmain S19 devices pending delivery.

Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power – Mining Bitcoin News https://news.bitcoin.com/cleanspark-reveals-texas-expansion-bitcoin-miner-plans-to-add-500-mw-of-mining-power https://archive.ph/pAwyX <-- No paywall, no subscription required, and easier to read