CleanSpark expands power capacity, secures Texas site for AI push
Summary
Bitcoin miner CleanSpark expanded its power capacity by 28% in October as it diversifies operations beyond crypto mining into artificial intelligence (AI) and high-performance computing (HPC). The company acquired 271 acres near Houston, Texas, securing 285 megawatts of long-term power for a dedicated AI data center and partnering with cooling solutions provider Submer. CEO Matt Schultz stated the focus is now equally on developing large-scale data centers for next-generation innovation. CleanSpark is joining a trend of Bitcoin miners leveraging their access to low-cost power and infrastructure to host GPU workloads for more stable revenue, following similar moves by companies like HIVE Digital, MARA Holdings, and TeraWulf.
(Source:Cointelegraph)