CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts

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Bitcoin miner CleanSpark_Inc takes advantage of the current crypto bear market by taking over existing contracts for mining rigs. Reports Aoyon_A

, according to Luxor Technologies’ Hashrate Index data. The prices topped just over $100/TH in December, the data suggests.

CleanSpark also announced a partnership with TMGcore, a developer of high performance computing solutions, to expand its immersion-cooled infrastructure for bitcoin mining. The deal includes 257 units of TMGcore’s proprietary immersion cooled tanks that are specifically designed to improve the performance of mining machines while substantially decreasing their failure rates over long-term use, according to the statement.

In liquid immersion cooling, which is an alternative to traditional air-cooling systems, mining machines are fully immersed in a synthetic hydrocarbon compound liquid that has no electrical conductivity and is fully biodegradable. The specialized liquid can reduce heat, power consumption and noise stemming from the computers as well asEach tank fits 28 Antminer S19j Pro mining machines and the units will be deployed in batches at CleanSpark’s College Park, Ga., property and other locations.

 

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