Company
NASDAQ: CLSK
CleanSpark Inc. is an energy technology and sustainable bitcoin mining company that is focused on solving modern energy challenges. The NASDAQ-listed company and its subsidiaries also own and operate a fleet of bitcoin miners at its facilities outside of Atlanta, Georgia.
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“Accolades like this confirm what our team has known for a long time-we're making a name for ourselves as a leading North American sustainable bitcoin miner,” CEO Zach Bradford said
For the calendar year-to-date production ending March 31, 2022, the company said it produced 898 BTC and had total BTC holdings of 420 as of that date
50 MW of the purchased capacity is expected to be operational by the end of this year, while the remaining 150 MW will be fully operational during spring, 2023, the company said
The sustainable Bitcoin mining and energy technology company reported it made $14.5 million in net income during the quarter ended December 31, 2021
CleanSpark expects to invest $145 million in capital improvements and jobs at its Norcross facility in Gwinnett County over the next five years
"We believe we are one of the most efficient miners in terms of hashrate per megawatt and we are on track to maintain that,” CEO Zach Bradford said
The company said it added 500 PH/s of processing power in three weeks of December, a 38% increase to its hashrate
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
“Our goal is to drive the adoption of clean and energy-efficient bitcoin mining while delivering value to our shareholders and communities we operate in,” CEO Zach Bradford said
For the three months ended September 30, 2021, CleanSpark reported revenue of $27.1 million, an increase of $25.15 million, or nearly 1,300%, from $1.95 million for the same prior-year period
The 20 megawatt project will consist of 180 liquid-filled tanks, each containing 33 units of the Antminer S19j Pro machines, fully immersed in a proprietary cooling liquid
The company said the new S19 machines will increase its hashrate by over 250 peta hashes per second (PH/s), a nearly 20% improvement from its current hashrate
The company will release its Bitcoin operation and production data every month to set new standards of transparency in the cryptocurrency mining industry
The company estimates the purchase will increase its sustainable bitcoin mining capacity by an additional 225 quadrillion ‘peta’ hashes per second (PH/s)
The delivery of the new Antminer S19 bitcoin mining machines, amounting to an additional hashrate of 450 PH/s, brings the total number of miners slated for delivery over the next 12 months to 24,580
Foundry USA Pool is the first North American cryptocurrency mining pool that pays its users without relying on an external party, guaranteeing stable, risk-free payouts
'It offers a differentiated, vendor agnostic software and hardware solution that provides significant ROI for customers,' analysts said
In August, the firm closed on the acquisition of the 87,000 square foot, seven acre, data center in Norcross, Georgia
Designed for homes and small businesses, mVoult is built off of the same platform as CleanSpark's existing mPulse product
For the three months ended June 30, 2021, the company reported revenue of $11.9 million, an increase of $8.5 million, or 250%, from $3.4 million for the same prior-year period
