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“We are excited to partner with the team at CleanSpark, which is on a mission to mine bitcoin responsibly, using a mix of sustainable energy including nuclear, hydroelectric, solar, and wind,” said Ryan Little, managing director of equipment financing at Trinity Capital, in a statement. Source
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Bitcoin miner CleanSpark (CLSK) is considering strategic alternatives for its legacy energy business, aiming to focus solely on its bitcoin mining segment, the company said in a statement accompanying its quarterly earnings report for its fiscal first quarter ended Dec. 31. Source
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BTIG analyst Gregory Lewis expects the sale could help the miner “flip the script” of its growth trajectory. Original Source
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Bitcoin miner CleanSpark doubled its computing power over the past three months to reach 2 exahash per second (EH/s), joining the ranks of top publicly traded North American miners.The Las Vegas-based miner is now producing around 10 bitcoins per day “sustainably” and expects to add more capacity. “We have more
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In an earnings call Tuesday, CleanSpark CEO Zach Bradford called CleanSpark “incredibly undervalued” and highlighted the company’s energy expertise. “We are deploying advanced technologies like renewable energy assets and immersion cooling to make our operations more efficient,” Bradford said. “These efficiency enhancements are expected to increase production and decrease operating
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Cleanspark, a sustainability-focused bitcoin mining company, has announced it will kick-start a 20 MW initiative in its Norcross bitcoin mining facility where miners will be cooled via immersion. The company will host more than 5,900 miners in this facility, which will be submerged into tanks of a biodegradable liquid. Cleanspark
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The use of immersion cooling at CleanSpark’s Norcross facility will be in phases, with the first eight megawatt expected to be online in February. When fully implemented, the project will consist of 180 liquid-filled tanks, with each tank holding 33 units of the Antminer S19j Pro mining machines, the company
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CleanSpark (CLSK) said it has purchased 2,597 more Antminer S19 computers in order to capitalize on favorable bitcoin spot prices.The new machines will be delivered “immediately,” adding to the mining company’s 2,711 rigs that have already been purchased and scheduled for delivery this month, the company said in a statement.“We
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Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain The publicly-listed bitcoin
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The company’s latest purchase will add 450 PH/s in computing power, or almost 45% of CleanSpark’s current capacity, once the machines are fully operational. CleanSpark currently operates over 10,000 miners. The total number of miners slated for delivery over the next 12 months now is 24,580. Original Source
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