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CleanSpark Acquires MineOne Mining Facility in Wyoming

Sep 19, 2024
  1. Acquisition of MineOne Facility
  2. US President's Order to Shutdown Facilities
  3. CleanSpark's Expansion Plans

CleanSpark announced the acquisition of the MineOne mining facility near the F.E. Warren Air Force Base in Cheyenne, Wyoming. The Chinese company was forced to sell this facility after the US administration deemed it a national security threat.

Acquisition of MineOne Facility

CleanSpark announced the purchase of the MineOne facility, located near the Air Force base in Wyoming. The facility was previously sold by a Chinese company after it was considered a national security threat.

US President's Order to Shutdown Facilities

In May 2024, US President Joe Biden issued an order requiring the immediate shutdown and sale of mining facilities owned by Chinese companies located near US strategic sites. MineOne was just one mile away from the strategic airbase housing Minuteman III intercontinental ballistic missiles.

CleanSpark's Expansion Plans

CleanSpark plans to invest in the facility, create new jobs, and expand its operations in Wyoming. Company representatives noted that this strengthens CleanSpark's position as one of the leading Bitcoin miners in the US.

The acquisition of MineOne and plans for its development affirm CleanSpark's intent to continue expanding its presence in the US Bitcoin mining sector and to strengthen its market position.

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