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CleanSpark to boost hashrate fivefold with Bitmain miner deal

The company has committed an initial $193.2 million for the first batch of 60,000 units, with deliveries expected to commence between April and June 2024. Zachary Bradford, CEO of CleanSpark, emphasized the acquisition as a key step in maintaining operational efficiency and staying ahead of anticipated price hikes tied to market trends, including the forthcoming Bitcoin halving event.

Bradford also noted that the choice of Bitmain S21 miners is in line with CleanSpark’s dedication to energy-efficient mining practices. The company continues to align its operations with the broader industry trend towards environmentally responsible mining.

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Source: Cryptocurrency - investing.com

Yellen to visit Boston to tout clean energy tax credit benefits

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