Bitcoin mining company CleanSpark has completed the acquisition of infrastructure company GRIID
Bitcoin mining company CleanSpark has completed its acquisition of U.S. infrastructure company GRIID Infrastructure following shareholder approval, CEO Zach Bradford said in an Oct. 31 announcement. This is a "strategic move that will allow the company to increase its Bitcoin mining capacity in Tennessee," Bradford said. The acquisition increases CleanSpark's mining capacity by 50 megawatts, bringing it closer to achieving its plan to build 400 megawatts of capacity in the coming years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
241126: Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
After a prolonged downtrend relative to bitcoin (BTC), Ethereum's ether (ETH) is showing signs of a resurgence. ETH, the second-largest cryptocurrency on the market, gained over 4% in the past 24 hours, while BTC lost 1.5% during the same time, dipping below $95,000 during the Monday session. The o
Why Qubetics Could Be the Best-Performing Coin in November 2024 And How It Stands Up Against Near Protocol and Avalanche
Altcoin Season Ready to Lead in 2025: The Best Altcoins to Buy Now
Ripple Partners With Archax to launch first tokenized money market fund on XRP Ledger
Trending news
MoreCrypto prices
More
