CleanSpark Expands Mining Operations with Acquisitions
Bitcoin mining company CleanSpark has announced its acquisition of four mining facilities in the USA. The company will pay for the facilities using cash on hand. The first deal involves the purchase of three turnkey bitcoin mining facilities in Mississippi for $19.8 million. The second acquisition is a mining facility under construction in Dalton, Georgia, which CleanSpark will purchase for an initial payment of $3.4 million. The company expects to reach an operating hashrate of 2.4 EH/s (exahashes per second) after closing these deals.
Neo Launches Ethereum-Compatible Chain for Chinese Enterprise Market
Open-source blockchain project Neo has launched An-shun Chain, an Ethereum-compatible consortium chain designed specifically for the China-based BSN-DCC Network. Developed to meet domestic application needs, An-shun Chain is a high-performance and cost-effective decentralized blockchain infrastructure that addresses pain points in businesses with complex data integration. BSN-DCC Network is managed by the Blockchain-based Service Network (BSN) China, and Neo is one of its earliest members.
Ripple’s XRPL Commons Partners with UNESCO’s Chair of Innovation
Nonprofit organization XRPL Commons has partnered with UNESCO’s Chair of Innovation, Transmission, and Digital Publishing (ITEN) to promote blockchain research and education. The partnership aims to advance blockchain’s positive impact globally through joint research initiatives and educational events. Planned activities include working with PhD students interested in studying blockchain technology, co-creating learning materials, and organizing events that enhance learning experiences in the blockchain space. The first event will be a Hackathon in Paris exploring the potential use cases of Layer 1 blockchain XRP Ledger in education, sciences, and culture sectors.
Hot Take: CleanSpark Expands Mining Operations, Neo Develops Bespoke Chain, XRPL Commons Partners with UNESCO
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CleanSpark has made significant expansions to its bitcoin mining operations with the acquisition of four mining facilities in the USA. The company expects to increase its operating hashrate to 2.4 EH/s after closing these deals. Neo has launched An-shun Chain, an Ethereum-compatible consortium chain tailored for the Chinese enterprise market. The chain addresses business pain points and offers a cost-effective decentralized infrastructure. XRPL Commons has partnered with UNESCO’s Chair of Innovation to promote blockchain research and education, with a focus on joint initiatives and educational events. This partnership aims to leverage blockchain technology for positive global impact.
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