CleanSpark’s (CLSK) Rally Fades Following The Completion Of The 86MW Mining Facility In Georgia

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Report discusses recent acquisition, Q3 results, institutional interest and an analyst opinion On the 19th of August, sustainable bitcoin mining firm CleanSpark (NASDAQ:CLSK) announced to the market the purchase and completion of an active mining facility located in Washington, Georgia. The transaction, which was originally announced on the 9th of August, had a value of $16.2 million. CleanSpark management expects the facility will add mining capacity of 2.6EH/s to the group’s portfolio once the full 86MW of predominantly carbon-free power is completed and fully operational in 2023. Q2 2022 he…

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