![]() For more information about CleanSpark, please visit our website at Forward-Looking Statements CleanSpark holds the 44th spot on the Financial Times' 2022 List of the 500 Fastest Growing Companies in the Americas and ranks thirteenth on Deloitte’s Fast 500. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. We strive to leave the planet better than we found it by sourcing and investing in low-carbon energy, like wind, solar, nuclear, and hydro. In 2020, we transitioned that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Since 2014, we’ve helped people achieve energy independence for their homes and businesses. I’m so proud of what we are accomplishing on the ground in Washington as we work to build some of the most efficient bitcoin mining infrastructure in North America.”ĬleanSpark (Nasdaq: CLSK) is America’s Bitcoin Miner™. Our teams and partners, which include the utility, city, and various construction firms, are working hand-in-hand for the build. ![]() “One building is completely done and ready for miners, with the other buildings in various stages of construction, each advancing according to schedule. “We are on schedule in Washington,” said Garrison. March daily BTC mined averaged 19.29 and reached a high of 20.25. Sales of BTC equated to proceeds of approximately $12.4 million. The Company funded growth and operations through the sale of 502 bitcoins in March 2023 at an average of approximately $24,800 per BTC. Total BTC converted for operations and growth in March: 502Ĭurrently deployed fleet of about 67,700 latest-generation bitcoin miners with a hashrate of 6.7 EH/s We are making the most of the bear market so that we are in position to take full advantage of the next bull market once it inevitably emerges.” As we scale, we intend to continue to use all capital levers available to us, including equity and bitcoin, carefully balancing both to provide the highest rate of return for our shareholders. Growth takes substantial capital, just as it does in any commodities-based business, especially in the scaling stage. “In this environment, a miner that is not growing is falling behind. Once those machines are racked and the expansion is energized, our hashrate is expected to increase to about 8.7 EH/s, giving us substantial progress toward our calendar year-end goal of 16 EH/s. The machines have already been purchased and shipping is expected to commence this month. “Our approach to proprietary mining gives us substantial control and flexibility over our destiny and the progress on our Washington expansion is a perfect example,” said Zach Bradford, CEO. (Nasdaq: CLSK), America’s Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2023. LAS VEGAS, Ap(GLOBE NEWSWIRE) - CleanSpark, Inc. Image of CleanSpark's bitcoin mining facility expansion, currently under construction, in Washington, GA.
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