#Cleanspark crypto mining update

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's plans and expectations for expansion of its energy initiatives, operating results, business strategy, partnership with Coinmint, deployment of miners, digital currency mining activities, the growth of its facilities and other statements regarding the expectations, beliefs, plans, intentions and strategies of the Company. For more information about the Company, please visit the Company's website at.

Energy mixes are highly variable, so CleanSpark participates in voluntary programs, like Georgia’s Simple Solar, as part of its commitment to sustainability.ĬleanSpark, Inc., a Nevada corporation, is a clean bitcoin mining and energy technology company that is solving modern energy challenges. In addition to its owned facilities, it has a co-location agreement with Coinmint in Massena, NY.ĬleanSpark’s sustainability efforts account for variation in local energy mixes by purchasing carbon offsets, and, once facilities are at scale, by deploying distributed energy systems onsite. CleanSpark is hoping to change how the space is perceived by being open about its operations.ĬleanSpark operates and owns two facilities in the Atlanta, Georgia metro area. The bitcoin mining industry has been criticized for the lack of transparency by miners. Moving forward, the Company intends to publish monthly updates on key metrics on its website and Twitter account. “We will continue to include key metrics in these updates as we scale our bitcoin mining operations at different locations.” “These updates are part of our commitment to lead the industry’s transparency efforts,” said CleanSpark CEO, Zach Bradford. Deployed fleet of approximately 11,780 latest-generation bitcoin miners with a total hashrate of 1.2 EH/s.Total BTC converted for operational growth in CY2021: 370.Total BTC holdings as of October 31: 729.Calendar year-to-date production ending October 31: 1,083.

#Cleanspark crypto mining update

Additionally, the Company announced that it will release such data every month to set new standards of transparency in the bitcoin mining industry.īitcoin Production & Operations Update (unaudited)

(Nasdaq: CLSK) (the 'Company' or 'CleanSpark'), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending October 31, 2021. 04, 2021 (GLOBE NEWSWIRE) - CleanSpark, Inc. CleanSpark aims to bring more transparency to the mining industry with the monthly release of data about its bitcoin mining operations.