On May 9, CleanSpark said it was buying two mining sites for nearly $19 million in cash, with a 45-day closing, without naming a specific seller. The miner said it will deploy China-based Bitmain’s latest generation mining machine, noting that it plans to expand the sites by an additional 55 megawatts (MW) from 75MW.

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• Source: https://www.coindesk.com/policy/2024/05/16/biden-order-to-halt-china-tied-bitcoin-mine-beside-nuke-base-came-as-us-firm-just-bought-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines