Bitcoin mining company CleanSpark acquires two mines in Mississippi for $5.775 million

Bitcoin miner CleanSpark announced on Tuesday that it has acquired two Bitcoin mining sites and related land near Clinton, Mississippi, for a total of $5.775 million. The mines are expected to be completed on December 1 and will be equipped with S21 pro miners with an estimated total computing power of about 1 EH/s. The addition of these mines will bring CleanSpark's total data center capacity in Mississippi to 60.5 megawatts. Less than a week ago, the miner said it would acquire seven mines and related land in Knoxville, Tennessee. The price is $27.5 million, or about $324,000 per megawatt. As of press time, CleanSpark's stock (ticker: CLSK) rose 1% to $9.16 per share. So far this year, the stock has fallen 15.6%. Bernstein recently gave the stock an "outperform" rating, calling it one of the three major Bitcoin miners, the other two being MARA and Core Scientific. (The Block)