Cleanspark, Inc. Commences Residential Estate Program with Bay Area Energy Solutions, Inc
January 07, 2021 at 07:55 pm IST
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CleanSpark, Inc. and Bay Area Energy Solutions, Inc. announced they are jointly developing the first pilot microgrid solution for an estate residence in Healdsburg, CA. The companies are pleased to have secured the first contract under a previously announced partnership agreement. CleanSpark Launches Luxury Estate Energy Program Following Successful Bitcoin Deployment. This initial project is anticipated to be the first of a joint initiative formed with a number of domestic energy developers, including Bay Area Energy Solutions. Luxury and estate homes offer a targeted niche with unique requirements for which CleanSpark and its partners can provide strategic solutions. Properties of this size often require significant power for one or more building structures and can even include business operations on site. There are thousands of homes greater than 10,000 square feet in the state of California alone, where incentives and tax benefits, along with well-documented utility challenges support the implementation of new, renewable, and resilient energy sources. CleanSpark expects to develop a significant pipeline of projects within this sector.
CleanSpark, Inc. is a bitcoin mining company. The Company independently owns and operates about 10 data centers in Georgia and three data centers in Mississippi for a total developed capacity of more than 420 megawatts (MW) and 435 MW. The Company does not host miners for any other companies, and has a partner in Massena, New York, who hosts approximately 50 MW for the Company. The Company operates around bitcoin mining machines, with a hash rate capacity of more than 20 Exa hashes per second (EH/s) and a fleetwide efficiency of 28.4 joules per tera hash (J/TH). The Company's subsidiaries include ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, CSRE Properties Norcross, LLC, CSRE Property Management Company, LLC, CSRE Properties, LLC, CSRE Properties Washington, LLC, CSRE Properties Dalton, LLC, and CleanSpark HQ, LLC, among others.