Cleanspark
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The company intends to grow its mining capacity to 400 megawatts in the state by 2026
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The purchase of five sites in Georgia set to help CleanSpark hit its mid-year operating hash rate target of 20 EH/s
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Miner stocks have historically underperformed bitcoin before the halving and outperformed the asset after the event, analysts note
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Crypto is certainly heating up on exchanges — but on-chain it’s already white hot
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The mining segment has healthy buyers likely to be “very inquisitive and active” around the halving, crypto advisory firm partner says
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Riot Platforms bought 31,500 more mining machines while CleanSpark has begun operating in Mississippi
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Las Vegas-based company is the latest to buy facilities as a way to boost growth before per-block bitcoin mining rewards are cut in half
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The top performers with respect to realized hash rate gains in Q3 were Bitdeer, CleanSpark and Marathon Digital
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Last quarter, the Nevada-based miner increased revenue by 14% to $42.5 million, though there was a GAAP net loss of $18.5 million
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More miner suffering is likely to be had before more bankruptcies, consolidation, analysts say
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