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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The $6.55 million purchase of the former Sprint/Nextel data center situated on over 7 acres in Norcross, Georgia closed on August 6, 2021
The company said CleanBlok, its Bitcoin mining division, now has over 7,500 of the latest generation mining units deployed with a hashrate capacity of over 740 PH/s, currently producing approximately 6 Bitcoin per day
CleanSpark and Coinmint are to collaborate on Bitcoin mining zero-carbon solutions and equipment deployment
Once the energy systems were deployed, a 75-80% reduction in monthly energy costs was realized by the customer during the first month of operation
The company's stock will be added to the Russell 2000 Index at the market open on June 28, 2021
Pioneer Power has been granted expanded rights to utilize CleanSpark’s proprietary software products, including mPulse and GridFabric’s OpenADR solutions
CleanSpark believes that by blending its software and controls technologies with FlowGen's wind-centric microgrid solutions it will enable the two companies to deliver reliable, efficient and resilient systems to their collective customer b
Obtaining ownership of the property will save the company over $50,000 per month in rent resulting in a reduction of overhead and expenses by more than 20% in our mining segment
ILA CEO Roberto Valdes, whose firm is using CleanSpark's solar-plus-storage power solutions at its Plaza Bajamar development in Baja California, called the company 'an ideal partner'
The company will swap the new rigs in for old ones, which it expects to increase production by half a bitcoin per day while saving 1 MW in energy consumption
For three months ended March 31, the company marked revenue of $8.1 million, a year-over-year increase of 122%
The company also said it produced more than 144 Bitcoins during the quarter that ended on March 31, 2021
The comopany expects that it will be able to increase its total mining production capacity to over 3.2 EH/s once the rigs are delivered
The company said it expects to receive 1,298 of the units for deployment this summer and the remaining 3,480 units in twelve equal monthly shipments beginning in November
The company said it has executed more than 50 new contracts for residential microgrids and battery energy storage solutions in less than one month
Proceeds from the offering will also be used to further development of its mVoult product lines, as well as acquisitions or strategic investments in complimentary businesses
The company has now secured a total of 3,650 miners, or 318 Petahashs per second (PH/s) of additional Bitcoin mining capacity, during the past two weeks
The order, along with the company's current mining fleet, is expected to bring its total hash rate up to an estimated 533 Petahashs per second (PH/s)
The stock-and-cash acquisition is expected to immediately expand and accelerate CleanSpark's residential initiative by integrating an experienced energy storage and solar sales and installation team
Designed for home microgrids, mVoult is capable of directing the operations of both existing and new energy assets
