Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Hooks Turnkey Mining Site

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Bitcoin mining operations continue to go ahead during the crypto winter, as a number of miners have revealed expansion plans over the past week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed that it has acquired a turnkey bitcoin mining facility from Mawson Infrastructure. Reports note that Arsenal Digital Holdings has acquired an underground data center outside of Houston which some people suspect is Westland Oil’s infamous fallout bunker. Additionally, the CEO and Founder of Terawulf revealed that the company’s Lake Mariner data center is operational with 1 exahash per second (EH/s) of SHA256 hashrate.

Arsenal Digital Holdings reportedly acquired infamous Westland Oil Bunker outside Houston

On Friday, it was reported that Arsenal Digital Holdings (OTCMKTS:ADHI) had acquired a “50-acre operational data center campus consisting of a four-story office building.” The facility is said to have a “two-story underground campus”, with an additional 100,000 square feet of space. The site is already set to accommodate 15 megawatts (MW) of capacity, according to a report by Dan Swinhoe.

Swinhoe also clarifies that the site is likely the former Westland Oil bunker. When the bunker was originally built in 1982, it was said to have been “shrouded in secrecy and protected by armed guards”. Westland Oil founder Louis Kung built the place for his family, friends and employees to “protect 350 adults for up to three months”. In 2004 the bunker was converted into a data center and in 2008 the site data center was upgraded.

Swinhoe says the site went up for sale in 2021 and the owner was asking for $39 million. The reporter further quotes Arsenal CEO Ryan Messer as saying: “Data centers are among the most coveted assets in digital infrastructure, and we are proud to make this acquisition a fundamental asset for the company because it will be a true flagship location. ”

Cleanspark Acquires Turnkey Bitcoin Mining Facility From Mawson

On the same day, Cleanspark (Nasdaq: CLSK) announced that the mining company had finalized an agreement with Mawson Infrastructure Group to acquire a “turnkey bitcoin mining facility”. “The already operational site in Sandersville, GA includes 80MW of total capacity supporting 2.4 PE/s of bitcoin mining,” the September 9 press announcement detailed. The news follows Cleanspark’s recent acquisition of 10,000 Bitmain-branded Antminers.

“We are thrilled to welcome Mawson’s Sandersville site and its operations teams to the Cleanspark family,” said Zachary Bradford, CEO of Cleanspark, on Friday. “The site is simply impressive – well managed by over 20 dedicated professionals who have taken great pride in the design, development and maintenance of the site,” added the CEO.

Bitcoin Lake Mariner Mining Site in Terawulf is Up and Running with 1 EH/s

Paul Prager, CEO of bitcoin mining company Terawulf (Nasdaq: WULF) tweeted on September 9 that the company’s Lake Mariner operation is operational with 1 PE/s and using 30 MW of capacity. prague Explain that the site currently has 10,000 working miners and that the company plans to “continue to come to Mariner Lake and Susquehanna.” Terawulf’s CEO said he had reached “3 important milestones”.

“A big thank you to these investors who remain constructive and united [through] difficult markets”, Prager concluded. “The WULF infrastructure is second to none and our electricity rates are stable and low. We will bring it home.

Keywords in this story

Arsenal, Arsenal Digital Holdings, Bitcoin mining, Bitcoin Mining Facility, BTC, BTC Mine, BTC Mining, Cleanspark, Data Centers, Georgia, Lake Mariner, Mawson Infrastructure Group, mining, Nasdaq: CLSK, Nasdaq: WULF, OTCMKTS: ADHI, Paul Prager, Ryan Messer, Sandersville, Terawulf, Westland Oil bunker, Zachary Bradford

What do you think of the recent expansion announcements from Arsenal, Cleanspark and Terawulf? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Manager at Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols emerging today.




Image credits: Shutterstock, Pixabay, Wiki Commons

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