We’re fellow citizens of the world experiencing the same energy, environmental, and economic challenges that you are. Soaring rate increases from centralized power companies. Increasing natural disasters related to climate change. Growing uncertainty surrounding macroeconomic conditions. We are leading during this era of momentous change with our bitcoin mining operations and energy systems.
A bitcoin miner uses specialized computers to verify transactions on the bitcoin blockchain. Bitcoin is the reward miners earn for performing this service. Bitcoin mining makes the promise of decentralized currencies, like bitcoin, possible. Without mining, there would be no bitcoin. But mining is very energy intensive, so maintaining this increasingly important component of our digital infrastructure—the bitcoin blockchain—comes at a price. At CleanSpark, we mine bitcoin in a responsible way. Since mining our very first bitcoin, we’ve used a sustainable energy mix that includes nuclear, hydroelectric, solar, and wind. We purchase carbon offsets to make up any difference in changing regional energy mixes to achieve our goal of 100% net carbon-neutrality.
*co-located at Coinmint **co-located at Lancium
February 2, 2023
We mined a record 697 bitcoins for the month, up 50% from the prior month and 129% from same prior year period. Our bitcoin holdings grew 32%.
Read MoreJanuary 30, 2023
We will discuss fiscal first quarter 2023 financial results via a live webcast on Thursday, February 9, 2023, beginning at 4:30 pm EST / 1:30 pm PST.
Read MoreJanuary 19, 2023
News Release
With projected completion in late spring, the $16M expansion will hold up to 16,000 bitcoin miners. Once completed, CleanSpark's hashrate is expected to reach as high as 8.7 EH/s.
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