CleanSpark has restored 200MW of power after Hurricane Helene and expects full recovery by October 4

CleanSpark, a bitcoin mining company, has restored about 200MW of power to its 365MW facility in Georgia, which was shut down by Hurricane Helen, and is expected to be fully restored by October 4. CleanSpark said it had assessed all other sites and found no significant damage to any site infrastructure or any significant losses related to mining servers. The company added that it was able to restore its computing power to more than 17.5 EH/s within 24 hours of restoration. The current computing power is about 22 EH/s, and it is expected to reach a computing power of about 28 EH/s when its sites are fully re-energized. In recent months, CleanSpark has acquired several small mining sites in five states. Its goal is to reach 37 EH/s by the end of 2024 and 50 EH/s by 2025. The hurricane has killed 128 people and left more than 2 million without power. CleanSpark expressed its condolences to the affected communities. (The Block)