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CleanSpark Inc. (Nasdaq: CLSK) is a leading Bitcoin mining company powering operations through sustainable energy solutions. This page provides investors and stakeholders with centralized access to official announcements, financial disclosures, and strategic developments.
Track CLSK's operational milestones including mining capacity expansions, energy efficiency improvements, and sustainability initiatives. Stay informed through verified updates on quarterly earnings, technology deployments, and regulatory compliance matters relevant to cryptocurrency mining operations.
Key content includes facility expansions, hashrate achievements, energy partnerships, and market positioning updates. All materials are sourced directly from company communications to ensure accuracy and timeliness.
Bookmark this page for streamlined access to CleanSpark's evolving role in sustainable Bitcoin mining. Check regularly for updates on operational efficiency benchmarks and strategic responses to cryptocurrency market dynamics.
CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, released its unaudited bitcoin mining update for August 2024. The company mined 478 bitcoin and increased its total operating hashrate by 1.4 EH/s. Key highlights include:
- Month-end operating hashrate: 22.6 EH/s
- Deployed fleet: 163,648 miners
- Fleet efficiency: 22.70 J/Th
- Total bitcoin holdings: 7,558
- Bitcoin sold in August: 2.50 at ~$56,729 per bitcoin
CleanSpark expects 65 MW of additional data center capacity to come online in September, with expansions in Dalton (15 MW) and Sandersville (50 MW). The company is also progressing on projects in Wyoming and Tennessee, including the planned acquisition of GRIID Infrastructure Inc.
CleanSpark (NASDAQ: CLSK) reported its Q3 FY2024 financial results, showing significant growth and strategic decisions. Revenue increased 129% year-over-year to $104.1 million, despite a 50% reduction in block rewards due to Bitcoin halving. The company mined 1,583 bitcoins during the quarter. However, CleanSpark reported a net loss of $236.2 million, primarily due to non-cash factors including an unfavorable mark-to-market on bitcoin holdings and an impairment on older miners.
CleanSpark's current hashrate surpassed 22 EH/s, with a 24% increase during the quarter and a 21% improvement in efficiency year-to-date. The company is expanding into Tennessee and Wyoming. CleanSpark also partnered with Coinbase for a $50 million revolving line of credit collateralized by bitcoin holdings. As of June 30, 2024, CleanSpark had $129.2 million in cash, $413 million in bitcoin, and total assets of $1.48 billion.
CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, has announced a change in the date and time for its fiscal third quarter 2024 financial results webcast. The new schedule is set for August 9, 2024, at 4:30 PM ET / 1:30 PM PT. Interested parties can access the webcast through a provided link. For those preferring a conference call, North American participants can use the toll-free number (888) 330-2137, while international callers should dial +1 (646) 960-0143. The conference ID is 1382915. CleanSpark will make downloadable files, including transcripts, available on their company website 48 hours after the event.
CleanSpark (Nasdaq: CLSK), a major Bitcoin mining company in America, announced the postponement of its fiscal third-quarter 2024 financial results webcast. Originally scheduled for August 8, 2024, at 4:30 PM ET, this event has been delayed. The company plans to release an updated time and webcast details at a later date.
CleanSpark Inc. (Nasdaq: CLSK) released its unaudited bitcoin mining update for July 2024. The company mined 494 bitcoin during the month, bringing its total holdings to 7,082 bitcoin. CleanSpark's month-end operating hashrate reached 21.2 EH/s with a deployed fleet of 160,900 miners.
The company made significant progress in expanding operations, securing 75 MW of power agreements in Wyoming and closing its first Bitcoin mining site in the state. In Tennessee, CleanSpark began hashing under agreements with GRIID infrastructure Inc., adding 1 EH/s of additional hashrate. The company is progressing towards its target of 32 EH/s by the end of 2024.
CleanSpark's expansion plans include a 15 MW expansion in Dalton, expected to be operational by early September 2024, adding approximately 0.9 EH/s to its hashrate.
CleanSpark Inc. (Nasdaq: CLSK) has announced the execution of 75 MW of power contracts and the completion of its first Bitcoin mining site acquisition in Wyoming. The initial 30 MW immersion-cooled data center is expected to add over 2 EH/s to the Company's hashrate in 2024. CleanSpark plans to deploy the S21 immersion XPs, the most powerful and efficient Bitcoin mining machines available. The company is also progressing on a second site in Wyoming, which will bring an additional 45 MW online, contributing an estimated 3 EH/s to the hashrate. This expansion marks CleanSpark's entry into its third state, with existing operations in Georgia, Mississippi, Tennessee, and New York.
CleanSpark Inc. (Nasdaq: CLSK), known as America's Bitcoin Miner®, has announced that it will discuss its fiscal third quarter 2024 financial results via a live webcast on Thursday, August 8, 2024, at 4:30 p.m. EST/ 1:30 p.m. PST. The company will release its results after the close of regular trading on the same day. Interested parties can access the webcast through a provided link. For those who prefer a conference call, North America Toll-Free and International Toll numbers are available, along with a Conference ID. CleanSpark will make downloadable files, including transcripts, available on their company website 48 hours after the event.
CleanSpark, a prominent Bitcoin miner, announced its June 2024 operational updates. The company mined 445 bitcoins, raising its total to 3,614 for 2024. Its hashrate exceeded the mid-year target, reaching over 20 EH/s, doubling since December. This achievement followed the acquisition of five mining sites in Georgia, adding 60 MW of infrastructure. The new sites include unique power purchase agreements, aiding utility providers. CleanSpark sold 8.06 bitcoins in June at an average price of $67,514 per bitcoin. The company also completed phases of its Dalton expansion, expected to reach 2.4 EH/s by September 2024.
CleanSpark announced the acquisition of five bitcoin mining facilities in Georgia for $25.8 million. These sites, with a total capacity of 60 MW, are expected to boost the company's operating hashrate to over 20 EH/s using newly purchased hardware. The facilities, ranging from 8 MW to 15 MW, will provide load balancing for local electric cooperatives. This acquisition aligns with CleanSpark's strategic growth plan, aiming for nearly 1 GW of new opportunities. The company currently manages 300 MW in Georgia, with plans to surpass 400 MW after the new sites and Sandersville project are operational. CEO Zach Bradford emphasized the importance of this milestone in scaling efficiently and sustainably.
CleanSpark, a prominent Bitcoin miner, reported mining 417 bitcoins in May 2024, reaching a total holding of 6,154 bitcoins. The company achieved a significant milestone with a hashrate of nearly 18 exahashes per second and an efficiency of 23.05 joules per terahash. This performance exceeds pre-halving levels and industry expectations. CleanSpark sold 2.43 bitcoins in May at an average price of $59,000 each. The company is also expanding its Dalton facility, which will eventually contribute 2.4 EH/s to its total hashrate. CEO Zach Bradford highlighted the company's growth and upcoming acquisitions, including a new site in Wyoming.
