Mining company CleanSpark's acquisition of GRIID will increase its mining capacity by 50 megawatts, with plans to achieve a future production capacity of 400 megawatts

BlockBeats News, on November 1st, according to Cointelegraph, BTC mining company CleanSpark stated that it is close to realizing its plan to build a 400 megawatt capacity in the next few years after the acquisition of US infrastructure company GRIID. GRIID provides CleanSpark with 50 megawatts of mining capacity. US Senator Bill Hagerty welcomed CleanSpark to Tennessee, stating that the state is a good place for business development as it has rapidly become one of the centers of the US BTC industry. In September of this year, CleanSpark agreed to purchase 7 mining facilities and related land in the Knoxville area of Tennessee, increasing the company's Computing Power by 22%. The company also claimed in its fiscal year report released on October 4th that its Computing Power has risen by 187% in the past 12 months.