Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site

Bitcoin mining operations proceed to truck on via the crypto winter as plenty of miners have revealed growth plans over the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure. Reports word that Arsenal Digital Holdings acquired an underground knowledge heart outdoors Houston and a few individuals suspect it’s Westland Oil’s notorious fallout bunker. Additionally, the CEO and founding father of Terawulf revealed the corporate’s Lake Mariner knowledge heart is up and working with 1 exahash per second (EH/s) of SHA256 hashrate.

Arsenal Digital Holdings Reportedly Acquires the Infamous Westland Oil Bunker Outside of Houston

On Friday, it was reported that Arsenal Digital Holdings (OTCMKTS: ADHI) acquired a “50-acre operational knowledge heart campus comprised of a four-story workplace constructing.” The facility is alleged to have a “two-story subterranean campus,” with an extra 100,000 sq. toes of area. The web site is already able to tackle 15 megawatts (MW) of capability, in accordance with a report revealed by Dan Swinhoe.

Swinhoe additionally particulars that the positioning is probably going the previous Westland Oil bunker. When the bunker was initially constructed in 1982, it was reportedly “shrouded in secrecy and guarded by armed guards.” Westland Oil founder Louis Kung constructed the place for his household, associates, and staff in an effort to “defend 350 adults for as much as three months.” In 2004 the bunker was transformed into a knowledge heart, and in 2008 the positioning’s knowledge heart was upgraded.

Swinhoe says the positioning went on sale in 2021 and the proprietor was asking $39 million. The reporter additional quotes Arsenal’s CEO Ryan Messer who said: “Data facilities are among the many most extremely coveted belongings within the digital infrastructure area, and we’re proud to make this acquisition a foundational asset for the corporate as it will likely be a real flagship location.”

Cleanspark Acquires Turnkey Bitcoin Mining Facility From Mawson

The identical day, Cleanspark (Nasdaq: CLSK) introduced that the mining firm finalized an settlement with Mawson Infrastructure Group to amass a “turnkey bitcoin mining facility.” “The already operational web site in Sandersville, Georgia, consists of 80 MW of complete capability supporting 2.4 EH/s of bitcoin mining,” the press announcement detailed on September 9. The information follows Cleanspark’s latest acquisition of 10,000 Bitmain-brand Antminers.

“We are happy to welcome Mawson’s Sandersville web site and its working groups into the Cleanspark household,” Zachary Bradford, Cleanspark’s chief govt officer stated on Friday. “The web site is nothing however spectacular— well-run by over 20 devoted professionals who’ve taken important pleasure within the design, growth, and upkeep of the positioning,” the CEO added.

Terawulf’s Lake Mariner Bitcoin Mining Site Is up and Running With 1 EH/s

Paul Prager, the CEO of the bitcoin mining agency Terawulf (Nasdaq: WULF) tweeted on September 9 that the corporate’s Lake Mariner operation is up and working with 1 EH/s and utilizing 30 MW of capability. Prager explained that the positioning has 10,000 miners working in the mean time and the corporate plans to “preserve approaching at Lake Mariner and Susquehanna.” The Terawulf CEO stated that it accomplished “3 large milestones.”

“An enormous thanks for these buyers who stay constructive and supportive [through] difficult markets,” Prager concluded. “WULF infrastructure is incomparable and our electrical energy pricing secure and low. We will convey it dwelling.”

What do you consider the latest growth bulletins from Arsenal, Cleanspark, and Terawulf? Let us know what you consider this topic within the feedback part under.