Bitcoin miner CleanSpark cuts 2023 hashrate outlook by nearly 30%
12/14 23:44
According to CoinDesk, Bitcoin miner CleanSpark (CLSK), lowered its year-end 2023 hashrate or computing power guidance to 16 exahash per second (EH/s), from 22.4 EH/s previously, citing delays in building a mining facility by one of its partners, Lancium.
The miner announced a partnership with energy technology company Lancium earlier this year for an initial 200 megawatts (MW) of power capacity in west Texas, which translates to 6.6 EH/s of hashrate, with an option for an additional 300MW in the future.
However, Lancium informed CleanSpark that capital constraints have affected its ability to meet its commitments, according to a statement. The expected completion dates have been pushed into late 2023 or even later, which led to the guidance cut by the miner.
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