Bitcoin mining operations continue to cruise through the crypto winter as several miners announced expansion plans last week. Following the purchase of 10,000 ASIC Antminers, Cleanspark has announced that it has acquired turnkey bitcoin mining from Mawson Infrastructure. Reports suggest that Arsenal Digital Holdings has discovered an underground data center outside of Houston that some people suspect is the repository of Westland Oil’s infamous collapse. Additionally, Terravel’s CEO and founder revealed to us that the company’s Lake Marine data center is running at 1 exahash per second (EH/s) SHA256 hashrate.
Arsenal Digital Holdings has reportedly acquired the iconic Westland oil field outside Houston.
On Friday, Arsenal Digital Holdings (OTCMKTS: ADHI ) reportedly acquired “a four-story office building on a 50-acre operational data center campus.” The facility is said to have a “two-story subterranean campus” with an additional 100,000 square feet of space. According to a report published by Dan Swinhoe, the station is ready to handle 15 megawatts (MW).
Swinhoe detailed that the site may have been a former Westland Oil depot. When the boat was first built in 1982, it was said to be “shrouded in secrecy and guarded by armed guards.” Westland Oil founder Louis Kung built the facility for his family, friends and employees to “protect 350 adults for up to three months.” In the year In 2004, the bunker was converted into a data center, and in 2008 the site’s data center was upgraded.
Swinhoe said the site is up for sale in 2021 and the owner is asking $39 million. The reporter went on to quote Arsenal CEO Ryan Messer as saying: “Data centers are among the most coveted assets in the digital infrastructure space, and we are proud to make this acquisition a foundational asset for the company. “
Cleanspark acquires a turnkey Bitcoin mining site from Mawson
On the same day, Cleanspark (Nasdaq: CLSK) announced that the mining company has reached an agreement with Mawson Infrastructure Group to acquire a “turnkey bitcoin mining company”. “Already operating in Sanderville, Georgia, it includes a total capacity of 80 MW and supports 2.4 EH/s bitcoin mining,” the press release stated on September 9.
“We are excited to welcome the Mawson Sandersville site and its operational teams to the Cleanspark family,” Cleanspark CEO Zachary Bradford said Friday. The CEO added: “The site is nothing short of amazing – it’s well managed by over 20 professionals who take great pride in the design, development and maintenance of the site.
Terawlf’s Lake Mariner bitcoin mining site is running at 1 EH/s.
Paul Prager, CEO of bitcoin mining company Terawlf (Nasdaq: WULF) on September 9, the company’s Lake Marine operation is operating at 1 EH/s and 30 MW capacity. Prager He explained. The site currently has 10,000 miners and the company plans to “continue in Lake Marin and Susquehanna,” he said. Terawolf’s CEO said, “It has completed 3 major milestones.
“It is a big thank you to the investors who have been constructive and supportive. [through] Challenging Markets,” Prager He came to the conclusion. WULF’s infrastructure is unmatched and our electricity prices are stable and low. We’ll bring him home.
What do you think of the recent expansion announcements from Arsenal, Klispark and Teraulf? Let us know what you think about this in the comments section below.
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