“This move is in keeping with our strategy of focusing on infrastructure first.
“Lancium’s facilities are best-in-class, scalable and, importantly, draw their power from renewable-rich West Texas, which made Lancium an ideal partner for us to co-locate our machines,” said Zach Bradford, CEO of CleanSpark. In September 2021, the company announced it had broken ground on its first “Clean Campus” located in Fort Stockton, Texas. 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. Lancium’s Clean Campuses are located in regions with access to low-cost renewable energy.
Lancium is an energy technology and infrastructure company dedicated to accelerating the energy transition. After completely using this capacity with the latest generation of bitcoin mining machines, CleanSpark will add an estimated 16.0 EH/s to its current forecasted hashrate of 4.0 EH/s - strengthening its position as one of the top bitcoin miners in North America.
It is expected that approximately 50 MW of the purchased capacity will be operational by December 31, 2022, while the remaining 150 MW will be fully operational during Spring 2023. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today announced that it has signed an agreement with Houston-based Lancium to secure an initial 200 megawatts (MW) at Lancium’s renewably-powered datacenters in West Texas, with an option to add 300 MW more in the future. LAS VEGAS, Ma(GLOBE NEWSWIRE) - CleanSpark, Inc.
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