#Lori love cleanspark install

With capital provided by the funding completed last week, we've focused aggressively on securing additional locations, miners, and facilities to rapidly expand our Bitcoin operations. We're fortunate to have the available acreage to maximize the value of our unique power agreement in a region so conducive to carbon free power sources. Zach Bradford, CleanSpark's Chief Executive Officer stated, ' Matthew Schultz, Lori Love and I spent this week at our Atlanta, GA facilities, working alongside our team with electrical, engineering, procurement and construction professionals to ensure our growth plans are completed on time.

#Lori love cleanspark install

CleanSpark plans to install onsite renewable microgrids to further reduce its carbon footprint with a goal of off-setting the remaining coal sources to effectively mine Bitcoin carbon-free.ĬleanSpark currently operates Bitcoin mining rigs capable of processing approximately 315 PH/s within its Atlanta complex, and as previously announced, it intends to reach between 1.0 and 1.3 EH/s by the end of summer, 2021. As a result, the Company expects to be mining Bitcoin with more than 98% Carbon-Free power.

Within the coming quarter, it is expected that 3% of the energy, currently provided from coal will be taken off-line and replaced with carbon-free sources, such as solar. The sources of power are comprised of nuclear power, hydro-electric power, and solar, resulting in 95% of the electricity utilized for mining to qualify as carbon-free, with only 5% of the supply provided by coal. CleanSpark Announces 95% Carbon-Free Bitcoin Mining Success.ĬleanSpark 's local power supplier provided data to the Company this week on the current energy mix provided to its facilities.