2024

Bitcoin

<p>CleanSpark continues its aggressive expansion strategy in 2024, acquiring new mining facilities and increasing its capacity. The company’s most recent M&amp;A deals added 574 megawatts of capacity, bringing its total to one of the highest in the industry. These acquisitions come as part of a larger trend where 67% of mining deals in 2024 occurred after Bitcoin’s fourth halving.</p> 
<p>CleanSpark’s ability to secure additional capacity positions it as a major player in the Bitcoin mining sector, especially as smaller miners struggle to keep up with rising operational costs and mining difficulty. The company’s leadership in expanding capacity during an industry consolidation phase could give it a competitive edge in the coming years.</p>

CleanSpark Expands Its Mining Capacity Amid Industry Consolidation

Ultramining_Eng

Other articles published on Sep 5, 2024

Blockstream’s New Investment Round: Tokenized Notes Secured by Hashrate

Intel Markets To Create the Next Batch of Crypto Millionaires: Can It Rival Toncoin and Tron?

Floki's Valhalla Partners with OG Esports as Official Jersey Sleeve Sponsor

Bullish Signals Resemble 2020’s Explosive Growth, Cardano (ADA) Poised to Soar Again?

Could Ethereum Repeat its 2016, 2019 Bull Runs Soon?

Solana and Cardano Eye Major Breakout; Whales Bet on This New Hybrid Exchange Protocol

Join our free newsletter for daily crypto updates!