![]() ![]() CleanSpark now directly owns and operates facilities that will bring a combined 70MW of 95%-plus carbon-free energy capacity, with the ability to further expand. Our focus on ESG has been at the forefront of all our efforts and we expect to lead sustainable practices in the industry. Contact - Investor Relations: CleanSpark, Inc. We have over 23,500 S19 ASICS miners that will be delivered over the coming year-planning for responsible energy expansion has been paramount. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company expects to complete the installation of the mining infrastructure and have the miners running by late 2021.īradford continued, “We have been working on a number of opportunities to increase our Bitcoin production capabilities, including energy expansion in Atlanta, our partnership with Coinmint, and now the purchase of this facility to increase the total energy capacity in our portfolio. Address: 1185 S 1800 W Ste 3 Woods Cross, UT, 84087-2228 United States See other locations Phone: Website: Employees (this site): Modelled Employees (all sites): Actual Revenue: 131.52 million Actual Sales Growth: 234. (CLSK) registered a -6.52 downside in the last session and has traded in the red over the past 5 sessions. The facility, located 33 miles from the current ATLData Center and CleanBlok operations in Atlanta, will provide 20 MW of additional power to CleanSpark’s mining business with the opportunity for significant expansion. The $6.55M purchase of the former Sprint/Nextel data center situated on over 7 acres in Norcross, Georgia closed on August 6, 2021. This, along with our other initiatives, is expected to result in 2.0 EH/s by the end of 2021, which, at current difficulty rates would result in 17 to 18 bitcoin per day.” CleanSpark Profile and History CleanSpark, Inc. Based on current difficulty rates, this processing power would result in an additional 5 to 6 bitcoins per day. It is expected to produce over 650 PH/s upon installation. The company also anticipates adding rooftop and ground mount solar and other microgrid energy solutions.ĬleanSpark President and CEO Zach Bradford said, “This facility, with its 20 MW of power, will allow us to put over 6,000 additional S19s into operation. The new facility’s mining operations are expected to operate at 100% net carbon-neutral, achieved through its participation in Georgia’s Simple Solar program. The program allows CleanSpark to offset any carbon-based energy included in the regional energy mix with solar power. Prior results do not guarantee similar outcomes.CleanSpark, a clean Bitcoin mining and diversified software and services company, has closed on its acquisition of an additional ~87,000 sq ft data center in Norcross, Ga., to substantially increase the company’s Bitcoin mining operation. Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers. If you currently own CLSK and purchased prior to Decemplease contact Justin Kuehn, Esq. ![]() Preska denied defendants' motion to dismiss the class action complaint, paving the way for litigation to proceed against CleanSpark and certain insider defendants. (NASDAQ: CLSK) breached their fiduciary duties to shareholders.Īccording to a federal securities lawsuit, the Company failed to disclose to investors: (1) that the Company had overstated its customer and contract figures (2) that several of the Company's recent acquisitions involved undisclosed related party transactions and (3) that, as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. January 9, 2023) - Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating whether certain officers and directors of CleanSpark, Inc. ![]()
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