Cleanspark, Merkle Standard, and Rhodium Enterprises have talked about their steps to develop bitcoin mining.
Even though the price of bitcoin is down 72% from its all-time high, the U.S. mining sector continues demonstrate trend of increasing its activity. This is evidenced by incoming corporate news from Cleanspark, Merkle Standard and Rhodium Enterprises.
For example, Cleanspark, whose shares trade on the Nasdaq under the ticker symbol CLSK, announced that its corporate bitcoin hash rate exceeded 4 Eh/s in the middle of this week. The company said it plans to ramp up to another 5 Eh/s by the end of the year. At Cleanspark. sureCleanspark believes that the transition of bitcoin mining to renewable energy, which is practiced in the organization, will play a key role in the movement of the global energy industry towards “green” technology.
Another mining company, Merkle Standard, this week inaugurated a new data center in South Carolina. Republican Congressman William Timmons, who was in attendance at the event, said. stated, that:
“Right now, a future is being created where digital assets will be part of our lives; development is heading in that direction, and it’s just great that we’re at the forefront of technological advancement.”
Finally, from documents that Rhodium Enterprises of Texas introduced to the U.S. Securities and Exchange Commission (SEC), it was revealed that the mining company was able to raise an additional $11.9 million from investors in September, and also merged with Silversun Technologies. As a result, the combined company intends to apply for a listing of its shares on Nasdaq in order to raise more capital to expand its mining operations.