Our Blog

CleanSpark Exceeds 14 EH/s as Sandersville Expansion Comes Online

The first 100 MW of our Bitcoin mining expansion in Sandersville, Georgia, is now online, bringing our fleetwide operating hashrate to over 14 EH/s. This is a 40% increase since energization began early last week. Our teams have already been deployed to Mississippi to begin transitioning those sites into CleanSpark's portfolio.

CleanSpark Reports First Quarter FY2024 Financial Results

We achieved first quarter revenue of $73.8 million (165% growth year over year), net income of $25.9 million and Adjusted EBITDA of $69.1 million.

CleanSpark Announces Two New Acquisitions, Securing Power and Infrastructure to Reach 20 EH/s

Today we announced two new acquisitions, that combined with the imminent energization of the Sandersville expansion, provide us the additional power needed to double our current operational hashrate of 10 EH/s and exceed 20 EH/s during the first half of 2024.

CleanSpark Releases January 2024 Bitcoin Mining Update

We grew our bitcoin holdings to 3,573 and announced an expansion at our Dalton, Georgia, site.

CleanSpark Executives to Discuss Fiscal First Quarter 2024 Financial Results Via Webcast

CleanSpark executives will discuss fiscal first quarter 2024 financial results via a live webcast starting at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, February 8, 2024.

Yahoo! Finance: Bitcoin Mining CEO Calls ETF ‘Great Entry Point’ for Crypto

Our CEO Zach Bradford joined Yahoo! Finance to discuss Spot Bitcoin ETFs as well as CleanSpark's competitive edge.

CleanSpark Announces Strategic Agreement for up to 160,000 Bitmain S21 Miners, Path to 50 EH/s

If the full call option is exercised, our hashrate is expected to increase to approximately 50 EH/s once all machines are deployed, a 400% increase from the current hashrate of 10 EH/s. An initial batch of 60,000 units is expected to ship next quarter. The agreement includes a call option to purchase 100,000 S21s at a fixed price of $16 per terahash.

CleanSpark Releases December 2023 Bitcoin Mining Update

We mined 7,391 bitcoins in 2023, a 60% increase over 2022, while bitcoin holdings grew over 1,200% to 3,002.

Bloomberg: Bitcoin Miner CleanSpark Plans to Launch In-House Trading Desk This Year

This article features remarks from our CEO Zach Bradford about plans to launch a trading desk.

Reuters: Crypto Stocks Surge as Bitcoin Hits Fresh 2023 High

In recent weeks, shares of Bitcoin mining stocks have rallied along with the digital asset.

CleanSpark Releases November 2023 Bitcoin Mining Update

We achieved our second-highest monthly Bitcoin production - a 24% increase from the same period last year - despite increased difficulty and without using more energy.

CleanSpark Reports Fiscal Year 2023 Financial Results

Our revenue grew 28% year over year as our annual bitcoin production doubled to 6,903.

CleanSpark Executives to Discuss Fiscal Full Year 2023 Financial Results Via Webcast

CleanSpark executives will discuss fiscal full year 2023 financial results via a live webcast starting at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, November 30, 2023.

Reason: The Future of Energy? Brooklyn's Bitcoin-Heated Bathhouse

This documentary explores benefits of Bitcoin mining and features interviews with CleanSpark employees.

CleanSpark Named to the Deloitte 2023 Technology Fast 500™ Two Years Running

CleanSpark has made the Deloitte Technology Fast 500™ List for the second year in a row, earning the 55th spot.

Forbes: The Green Frontier: Bitcoin Mining's Path to Sustainability and Profitability

CleanSpark is using advanced cooling techniques that help the efficiency of CleanSpark's operations, according to chief communications officer Isaac Holyoak.

Hashrate Happy Hour Podcast: Ep. 38 - BONUS Immersion Mining Deep Dive with CleanSpark

This episode features our SVP of mining Taylor Monnig discussing his background in immersion cooling technology for Bitcoin mining.

CleanSpark Releases October 2023 Bitcoin Mining Update

We mined 633 bitcoin in October and increased our bitcoin holdings to 2,311.

CoinDesk: Bitcoin's Heading to $150K and Quality Mining Stocks Offer a Good Way to Gain Exposure: Bernstein

A report by Bernstein discusses its predictions for Bitcoin and details some Bitcoin mining stocks.

The Bitcoin Whitepaper Celebrates Its 15th Anniversary

On October 31, 2008, the Bitcoin whitepaper was published by Satoshi Nakamoto. It introduced BTC as a decentralized solution for peer-to-peer payments.

CleanSpark Donates to HopeLink of Southern Nevada’s 2023 HopeWeek

This week, we're matching donations up to $5,000 for the Sleep for Hope challenge.

CleanSpark Reaches Rare Bitcoin Mining Milestone at 10 EH/s

Software optimizations continue to drive our strong efficiency gains with our total efficiency now estimated at 27.8 joules per terahash (J/TH).

13WMAZ: In Sandersville, the Local Bitcoin Mine Is Expanding — Bringing Big Dollars to the Town of 6,000

The expansion of CleanSpark's Bitcoin mining facility in Sandersville is positively impacting the community.

Inc. Magazine: Crypto Needs to Fend Off Stigma Caused by FTX. Meaningful Regulation Could Help

Our executive chairman Matt Schultz was featured in this article about crypto regulation and FTX.

CleanSpark Shines at Kaolin Festival: Bridging Communities with Bitcoin Mining

Sandersville, Georgia, came to life this past Saturday during the vibrant Kaolin Festival, an annual celebration of Sandersville’s heritage and the town’s status as the “Kaolin Capital of the World.”

CoinDesk: Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says

CleanSpark was chosen as the top Bitcoin mining pick for the bank.

CleanSpark Acquires 4.4 EH/s of New Antminer S21 Bitcoin Miners; Expects to Achieve Hashrate of over 20 EH/s

Our new machines, the most efficient to ever hit the market, are expected to start arriving in January 2024. Once deployed, our mining fleet is expected to average 23.5 joules per terahash (J/TH).

CleanSpark Releases September 2023 Bitcoin Mining Update

CleanSpark's bitcoin production for FY2023 was up 84% compared to FY2022. In that same timeframe, our hashrate increased 131%. We had our best quarter and fiscal year ever.

CleanSpark Releases August 2023 Bitcoin Mining Update

Our announcement includes recent mining numbers including an increase in bitcoin holdings as well as expansion updates and upcoming investor conferences.

CoinDesk: An Open Letter to President Biden Regarding Bitcoin Mining

CleanSpark ZEO Zach Bradford penned an open letter to discuss how Bitcoin mining can transform America’s landscape and grid infrastructure.

CleanSpark Hosts First Ever Bitcoin Masterclass

We hosted our first ever masterclass today to teach people about one of the most revolutionary technologies since the Internet was invented: Bitcoin. 

Hashrate Happy Hour Podcast: Ep. 26 - Bitcoin Mining Partnerships and Utility Companies with CleanSpark

CEO Zach Bradford discusses the intersection of Bitcoin and energy on this episode of the podcast.

Forbes: CleanSpark Stock Jumps 16% After Revealing Funding For Expansion Is Complete

Our stock price spiked this week after the news of our fully funded bitcoin mining expansion was released. The article by Jessica Nix of Forbes included takeaways from multiple CleanSpark executives and a Chardan analyst.

CleanSpark Reports Third Quarter FY2023 Financial Results; Announces 16 EH/s Expansion Fully Funded

We achieved a record revenue for the quarter of $45.5 million, net loss of $(14.2) million and adjusted EBITDA of $13.3 million.

CleanSpark Releases July 2023 Bitcoin Mining Update

Our bitcoin holdings doubled to 1,061 BTC, hashrate hit a high of 9 exahashes per second (EH/s), and production increased 17% month over month.

CleanSpark Announces Fiscal Third Quarter 2023 Webcast; Reaches New Hashrate High of 8.5 EH/s

Our hashrate has reached an all-time high of 8.5 EH/s. In addition, executives will discuss fiscal third quarter 2023 financial results via a live webcast starting at 4:30 p.m. EST / 1:30 p.m. PST on Wednesday, August 9, 2023.

CleanSpark's Bitcoin Production Achieves 8 EH/s as $55M Expansion Goes Live

Our expansion in Washington, GA, is expected to increase CleanSpark's operating capacity by nearly 30% upon full deployment.

Forbes: 4 Bitcoin Miners Benefiting The Grid and Mitigating Carbon Emissions

According to CleanSpark CEO Zach Bradford, bitcoin mining’s unique power consumption characteristics make it the perfect complement to underutilized or stranded sources of power.

CleanSpark Releases June 2023 Bitcoin Mining Update

We mined 1,624 bitcoins during the quarter and our bitcoin holdings grew 170% quarter over quarter.

Talkin' Investing: Asking the Tough Questions With $CLSK

CleanSpark Executive Chairman Matt Schultz provided transparency about our operations during his recent interview with YouTuber Talkin' Investing.

CleanSpark to Acquire Turnkey Bitcoin Mining Facilities for $9.3M in All-cash Deal

The two facilities in Dalton are expected to add just under 1 exahash per second (EH/s) to our hashrate shortly after the deal is scheduled to close later this week.  

CleanSpark Gives Back to Shannon West Homeless Youth Center

We hosted a pizza party at HELP of Southern Nevada’s Shannon West Homeless Youth Center to educate some of the residents about Bitcoin and give back to the organization.

CleanSpark Announces Participation at Upcoming Investor Conferences this Summer

Our executive chairman and chief financial officer will attend conferences to discuss CleanSpark's operational efficiency and growth strategy.

Cointelegraph: Bitcoin Mining Firms Keep Building Despite BTC Mining Profitability Slump

CleanSpark has been aggressively expanding our fleet of bitcoin mining machines this year, despite mining profitability being far from its all-time highs.

CleanSpark Releases May 2023 Bitcoin Mining Update

In May, our bitcoin holdings grew 44% and bitcoin mined increased by 16% to 609 BTC.

CleanSpark Buys 12,500 Antminer S19 XP Bitcoin Miners for $40.5M

The total hashrate of deployed machines and those under contract for delivery now exceeds CleanSpark’s year-end guidance of 16 EH/s.

CleanSpark Reports Second Quarter FY2023 Financial Results

We had a second quarter revenue of $42.5 million, GAAP net loss of $(18.5) million and Adjusted EBITDA of $12.7 million.

CleanSpark Releases April 2023 Bitcoin Mining Update

We mined 524 bitcoin in April, increasing our bitcoin holdings by 60% to 313.

CleanSpark Executives to Discuss Fiscal Second Quarter 2023 Financial Results via Webcast

Our fiscal second quarter 2023 financial results webcast will be live on Wednesday, May 10, 2023, beginning at 4:30 pm EST / 1:30 pm PST.

PYMNTS: Why CFOs Say Bear Markets Make Great Companies

Our CFO Gary A. Vecchiarelli chatted with PYMNTS about why bear markets make great companies.

Bitcoin Magazine: CleanSpark to Nearly Double Bitcoin Mining Capacity With $144.9M Antminer Purchase

We've purchased 45,000 Antminer S19 XP bitcoin mining machines in line with our goal of reaching 16 EH/s by the end of the year.

CleanSpark to Double its Bitcoin Mining Capacity with $144.9M Expansion Deal

We now have approximately 15.9 EH/s of machines on hand or under contract for delivery this year, edging closer to our year-end guidance of 16 EH/s.

CleanSpark Announces Participation at Upcoming Investor Conferences this Spring

CleanSpark executives will meet with investors and present at two conferences this spring to discuss capital strategy, the evolution of sustainable bitcoin mining, and how bitcoin can incentivize renewable energy development.

CleanSpark Releases March 2023 Bitcoin Mining Update

CleanSpark mined 598 bitcoin in the month, ending the first quarter of the calendar year with 1,871 bitcoin mined (up 22% from the prior quarter) and the company still on schedule for our 50MW Washington expansion.

InvestAnswers: Effective Mining with CleanSpark CEO Zach Bradford

Our CEO Zach's talk with YouTuber InvestAnswers covered hard-hitting topics like CleanSpark's dilution, bitcoin halving plan, HODL strategy and more.

Tips to Reduce Stress and Improve Your Well-Being

Mental health is just as important as physical health. Here are tips on how to reduce stress and improve your well-being.

CleanSpark Visits DC for Bitcoin and Blockchain Advocacy

This week, CleanSpark had the privilege of participating in two events held by the Chamber of Digital Commerce in Washington, DC.

CleanSpark Releases ESG and Corporate Responsibility Report

The inaugural report highlights CleanSpark's sustainability efforts, such as the use of clean energy and environmentally-friendly technologies.

Compass Mining Podcast: CleanSpark’s 2023 Financials, Hardware & Executive Compensation

Listen to CleanSpark CEO Zach Bradford discuss hot topics surrounding CleanSpark with Will Foxley of Compass Mining.

CleanSpark Releases February 2023 Bitcoin Mining Update

We mined 576 bitcoin in the year’s shortest month, with a new efficiency milestone of 30.6 watts per terahash. Our average number of BTC mined per day remained above 20.

Five Tips for Expressing Gratitude at Work

CleanSpark's Director of Human Resources Zurii D'Ambra shares benefits of expressing gratitude at work and the ways she does so.

Blockware Intelligence Podcast: $CLSK Co-Founder on the Importance of Bitcoin Mining

Our co-founder and executive chairman Matt Schultz exchanged word of wisdom during his recent interview with Joe Burnett of Blockware Solutions.

CleanSpark Announces Purchase of 20,000 New Latest Generation Mining Machines

This purchase is expected to add 2.44 EH/s to our hashrate once installed. The total number of machines CleanSpark purchased during the bear market now exceeds 46,500.

CoinDesk: Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market

We continue to look for growth through accretive acquisitions of mining assets.

CleanSpark Reports First Quarter FY2023 Financial Results

The company's 2023 fiscal first quarter resulted in $27.8 million in revenue.

CleanSpark Releases January 2023 Bitcoin Mining Update

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%.

CORRECTION: CleanSpark Executives to Discuss Fiscal First Quarter 2023 Financial Results via Webcast

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.

CleanSpark Breaks Ground on 50 Megawatt Bitcoin Mining Expansion

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.

McNallie Money: Interview with CleanSpark Executive Chairman Matt Schultz

Matt spoke with Bryce of McNallie Money about the end of 2022, gamification for 2023, CLSK's forecast methods for growth and our relationship with MEAG among other topics.

CleanSpark Earns 2022 Great Place to Work Certification™

The recognition comes on the heels of an anonymous companywide employee survey.

CleanSpark Releases December 2022 Bitcoin Mining Update

We mined a record 4,621 bitcoin for calendar year 2022, up 200% from the prior calendar year.

CleanSpark Surpasses Revised Year End Hashrate of 6 EH/s

Our hashrate has tripled this year and we're now operating with 62,000 bitcoin mining machines mostly powered by low carbon energy.

Atlanta Journal-Constitution: Georgia Cryptocurrency Players Assess the Fallout of FTX Implosion

CleanSpark Executive Chairman Matt Schultz spoke with AJC to explain bitcoin's advantages versus other cryptocurrencies.

CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results

We reached an adjusted EBITDA of $65.7 million for year end 2022.

Fortune: Bitcoin Miners Took on Billions in Debt to ‘Pump Their Stock’—Leading to a Crypto Catastrophe

CleanSpark CEO Zach Bradford keeps receiving calls from BTC mining bosses who are panicking. We're one of the few miners who acquired rigs this year, partly due to our low debt.

CleanSpark Releases November 2022 Bitcoin Mining Update

We've met our yearend hashrate guidance early with high of 5.5 EH/s, up over 320% from November 2021.

CleanSpark Expands Board of Directors with Appointment of Bitcoin Policy Expert Amanda Cavaleri

Cavaleri, board chair of the non-profit Bitcoin Today Coalition, brings extensive advocacy and policy experience to CleanSpark’s board of directors.

CleanSpark Executives to Discuss Fiscal Full Year and Fourth Quarter 2022 Financial Results Via Webcast

Fiscal full year and fourth quarter 2022 financial results will be discussed via a live webcast beginning 4:30 p.m. EST / 1:30 p.m. PST on Wednesday, December 14, 2022.

CleanSpark Earns Top Spot on Deloitte's 2022 Technology Fast 500 List

The award recognizes the fastest-growing public and private technology companies in North America.

Axios: Looking at Bitcoin Mining Under the Surface

Axios reporter Brady Dale explains the basics of Bitcoin and what he learned about CleanSpark during a visit to our immersion-cooled facility in Norcross.

CleanSpark Hosts Inaugural Media and Dignitary Day

In celebration of the phase two expansion completion of our immersion-cooled bitcoin mining site in Norcross, GA, we hosted a Media and Dignitary Day in early November 2022.

CleanSpark Releases October 2022 Bitcoin Mining Update

We mined a record 532 bitcoin in October, up 19% from September of this year.

Cointelegraph: BTC Miner CleanSpark Scoops up Thousands of Miners Amid 'Distressed Markets'

This Cointelegraph article discusses CleanSpark's purchase of an additional 3,843 discounted bitcoin mining machines.

CleanSpark Expands Bitcoin Mining Fleet with Purchase of 3,843 Latest Generation Machines

The total number of machines we purchased since the bear market conditions began in June now exceeds 26,500.

CleanSpark Exceeds 2022 Guidance Two Months Early, Achieving 5 EH/s; Raises Year-end Hashrate Guidance by 10%

Our hashrate has grown 150% since January and we're updating CleanSpark's 2022 year-end hashrate guidance to 5.5 EH/s.

Finally Fair Value: FASB Changes Accounting Standards for Crypto Assets

Our CFO Gary A. Vecchiarelli explains the new rule by the Financial Accounting Standards Board (FASB), which now allows crypto assets to measured with fair value accounting.

Sustainable Bitcoin Miner CleanSpark Welcomes Investors and Analysts to its Mining Campuses in Atlanta

CleanSpark will host investors and analysts at two of our owned-and-operated bitcoin mining campuses.

Bloomberg Quicktake: The Ethereum Merge, Miners & Making Bitcoin Greener | Crypto IRL

CleanSpark CEO Zach Bradford joined reporters Katie Greifeld and Tim Stenovec at the Bloomberg Quicktake studios to have a conversation about Bitcoin and its energy usage.

Bitcoin Amsterdam Panel: "The Energy Crisis & Bitcoin" with CleanSpark CEO/ President Zach Bradford

Zach spoke on a panel at Bitcoin Amsterdam about grid stability, renewable energy abundance and bitcoin mining. He describes how miners can propel clean energy infrastructure.

CleanSpark Completes Acquisition of Mawson's Sandersville Facility

The transaction brings CleanSpark's hashrate to over 4.7 EH/s plus an additional 1 EH/s by year-end and a total planned capacity of 7 EH/s.

Compass Mining Podcast: How CleanSpark Has Dominated The Bear Market

CleanSpark CEO Zach Bradford joined podcast host Will Foxley to discuss how CleanSpark has managed to grow during current market conditions.

CleanSpark Releases September 2022 Bitcoin Mining Update

Company tops 4.16 EH/s, up 21% from August 2022; mines 448 bitcoin for the month, a 132% YoY increase; HODL grows 13% to 594 bitcoins.

Around the Coin Podcast: Interview with $CLSK CEO Zach Bradford

Zach joined podcast host Mike Townsend to discuss CleanSpark's background, the power grid, energy, Bitcoin and more.

CleanSpark Exceeds Hashrate Guidance with Over 4 EH/s of Low-Carbon Network Strength

Our hashrate, the majority of which is drawn from low-carbon sources, has grown over 30% in less than a month and we're on track to meet our EOY guidance of 5 EH/s.

Bitcoin Magazine: How Bitcoin Miner CleanSpark Keeps Building in the Bear Market

This op-ed by a fellow Bitcoin industry thought leader discusses the bear market and how CleanSpark has created a successful strategy during this time.

The Canadian Bitcoiners Podcast: Interview with $CLSK Executive Chairman and Co-Founder Matt Schultz

Matt joined podcast co-hosts Len and Joey to talk about all things CleanSpark and Bitcoin.

CleanSpark Announces Participation at Upcoming Investor Conferences this September

Executive team to discuss financial strengths and recent acquisitions at upcoming investor events.

Bloomberg: Bitcoin Miner CleanSpark Buys Mawson Site as Consolidation Rises

Reporter David Pan covered our agreement to acquire a bitcoin mining facility and machines from Mawson Infrastructure Group Inc. in Sandersville, GA.

CleanSpark Announces Agreement with Mawson Infrastructure Group to Acquire Turnkey Bitcoin Mining Facility

The already operational site in Sandersville, Georgia, includes 80 MW of total capacity supporting 2.4 EH/s of bitcoin mining; Total expected support of 7.0 EH/s.

CleanSpark Invites Washington Community to Open House and Tree Planting Ceremony

CleanSpark invited local residents, media and community leaders to celebrate the acquisition of the company's new bitcoin mining facility in Washington, GA.

WJBF-TV: A New Bitcoin ‘Mining’ Facility Comes to Community in Wilkes County

We've acquired and are expanding a bitcoin mining facility in Washington, GA, by employing locals. TV station WJBF stopped by to interview CleanSpark management and film on site.

CleanSpark Buys 10,000 More Latest Generation Mining Machines, Extending Summer of Acquisitions

Our hashrate exceeds 3.4 EH/s, which is up 19 percent from July 2022 and mined 395 bitcoin for the month.

CleanSpark Releases August 2022 Bitcoin Mining Update

Our hashrate exceeds 3.4 EH/s, which is up 19 percent from July 2022 and mined 395 bitcoin for the month.

CleanSpark Execs Reflect on Exceeding a Hashrate of 3 EH/s

CleanSpark Executive Chairman Matt Schultz and CEO Zach Bradford discuss our new milestone on video.

CleanSpark's Hashrate Exceeds 3 Exahashes Following Summer of Acquisitions

Bear market strategies have accelerated Company growth, tripling our hashrate in less than a year.

MEDIA ALERT: Bitcoin Miner CleanSpark Hosts Tour and Tree Planting Ceremony at Recently Acquired Facility in Washington, Georgia

The local community is invited to attend the event on Thursday, September 8, to learn about future job opportunities and CleanSpark’s plans.

CleanSpark Names New Chief Communications Officer

Isaac Holyoak was promoted from his previous role, vice president of strategic communications.

CleanSpark Completes Acquisition of Recently Announced 86MW Facility in Georgia

Transaction closes ahead of schedule, paving way for energization of 3,400 on-site machines in coming days; additional 8,283 machines to arrive on site within the week.

Cointelegraph: 9 Industry Leaders on Ways To Address Crypto’s Naysayers

According to CleanSpark CEO Zach Bradford, offering a behind-the-scenes view of mining facilities can help doubters of bitcoin.

Bitcoin Magazine: Bitcoin Mining Company CleanSpark Acquires 86 MW Mining Facility

The operationally ready bitcoin mining facility in Washington, Georgia, was acquired from Waha Technologies and is scalable to 86 MW.

CleanSpark Reports Third Quarter FY2022 Financial Results

Third quarter revenue was $31 million with an adjusted EBITDA of $15.2 million. CleanSpark's assets total $411.1 million with working capital at $9.5 million.

CleanSpark Acquires Plug-in Ready Bitcoin Mining Facility Scalable to 86 Megawatts, or 2.6 EH/s

The new site in Washington, Georgia, currently at 36 megawatts, is expected to add 1.1 EH/s to CleanSpark’s hashrate in current quarter, a 38% increase.

What is Bitcoin?

We created a short video to explain what Bitcoin is for any followers who are new to the space.

CleanSpark Announces July 2022 Bitcoin Mining Update

CleanSpark hit its all-time-high of 13.25 BTC mined per day while monthly production increased by over 13%.

CleanSpark Attends MiningDisrupt 2022 in Miami

It’s hard to believe during MiningDisrupt a year ago, we met representatives from Lancium and the Sustainable Bitcoin Protocol who are both highly valued CLSK partners today!

CleanSpark Executives to Discuss Fiscal Third Quarter 2022 Financial Results Via Webcast

Fiscal third quarter 2022 financial results will be discussed via a live webcast beginning 4:30 p.m. ET / 1:30 p.m. PT on Tuesday, August 9, 2022.

Yahoo! Finance: CleanSpark Exec on Mining Outlook, Expanding During Bear Market

Our executive chairman Matt Schultz spoke with CoinDesk TV's Christine Lee about some of our business strategies and recent bitcoin news, which was picked up by Yahoo! Finance.

Decrypt: How Much Does It Cost to Mine 1 Bitcoin?

According to CleanSpark CEO Zach Bradford, our research points to $12k for public miners but it varies. We have BTC facilities that mine for lower.

Bitcoin.com: ‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’

In the current bear market, we're using unprecedented opportunities to grow our bitcoin mining power and market share.

Cointelegraph: CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’

CleanSpark's acquisition of discounted miners and additional 93 PH/s of power is covered along with our bitcoin production.

CleanSpark Expands Bitcoin Mining Capacity by over 90 Petahashes with Acquisition of Latest Generation Machines

CleanSpark's computing power has increased by 47% over the last six months, while our monthly bitcoin production has grown 50% over the same time period.

Bloomberg: Crypto Miner Will Use Batteries to Ease Strain on Texas Grid

CleanSpark partner Lancium signed a deal to use power from utility-scale batteries (charged mostly by wind and solar) for bitcoin mining when demand on the grid is high.

CleanSpark Announces June 2022 Bitcoin Production

Production hits all-time-high of 12.1 BTC per day; hashrate increases 12% month-over-month.

Vegas Inc: People on the Move

CleanSpark announced the promotion of Rachel Silverstein to senior vice president of compliance and general counsel.

CoinDesk: Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

Our executive chairman Matt Schultz contributed great thought leadership to this article discussing the bitcoin mining space, responsible debt and strategic operations.

Emmy Award-Winning Journalist Patranya Bhoolsuwan Interviews CleanSpark CEO Zach Bradford

Learn more about CleanSpark CEO Zach Bradford's background and his advice for becoming a successful business leader.

Business Insider: Energy Costs Are Soaring, Bitcoin’s Price Is Plummeting — And That’s Why Big Crypto Miners Are Selling Tokens at a Discount

"A string of publicly-traded miners that once held all their coins have been forced to sell, some at quite deep discounts," says CleanSpark Executive Chairman Matt Schultz.

Forbes: Bitcoin Miners Face Pressure To Sell Off Holdings Amid Plunging Profitability

CleanSpark is one of two public bitcoin mining companies that performs well under the EV/ ASIC Value Ratio, according to a recent Forbes article.

Sequire Spotlight: CleanSpark, Inc. (CLSK)

CleanSpark Executive Chairman Matt Schultz recently sat down with SRAX to discuss our energy background and how we've evolved into a successful bitcoin miner.

CleanSpark to Participate in Bank of America’s Web3 & Digital Assets Day

Our CEO Zach Bradford will discuss bitcoin mining at the in-person event for the bank’s top clients.

CoinDesk: CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts

We've also partnered with TMGcore to expand our immersion-cooled bitcoin mining infrastructure.

CleanSpark Acquires Contract for Best-in-class Mining Machines, Partners with TMGcore to Expand Immersion-cooled Operations

We have secured the fastest and most power-efficient bitcoin mining machines at a significantly discounted price—along with immersion-cooling infrastructure.

Bloomberg: Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows

Small miners are at risk of needing to liquidate mined bitcoin, says our executive chairman Matt Schultz to Bloomberg. Meanwhile, CleanSpark's holdings increased 23% in May.

Chardan Initiates Coverage of CleanSpark With Report

Their analysis predicts CleanSpark's hashrate will outpace the global bitcoin mining industry’s while increasing our market share.

Bitcoin Magazine: Bitcoin Mining Company CleanSpark Produced 312 BTC in Recent Update

The mining update for May shows an increase of held bitcoin with a daily production high of 10.69.

CleanSpark Announces May 2022 Bitcoin Production

Our bitcoin holdings increased by 23% and EH/s grew from 2.4 to 2.5.

CleanSpark Attends "Crypto in the Capitol" Expo Hosted by the Chamber of Digital Commerce

We met several staffers and discussed the benefits of sustainable bitcoin mining.

Bloomberg Law: Crypto Miners in Canada, U.S. Want Greater Tax Status Clarity

CleanSpark CFO Gary Vecchiarelli weighs in on tax policies for bitcoin miners in the U.S. and Canada.

CoinDesk: CleanSpark, Hut 8 Stocks Lead Bitcoin Miner Rally as Markets Bounce Back

Bitcoin miners with large operations and lower costs like CleanSpark are most favorable for investors during volatile markets, according to CoinDesk.

CoinDesk: Bitcoin Miner CleanSpark Tops Quarterly Estimates

CleanSpark funded its growth and capital expenditure plans with the sale of mined bitcoin.

CleanSpark Reports Second Quarter FY2022 Financial Results

Second quarter revenue of $41.6 million, net loss of $(0.17) million and Adjusted EBITDA of $22.5 million; Company continues to execute its strategic plan and make significant headway in mining operations.

CleanSpark Announces April 2022 Bitcoin Production

Monthly mining updates include production, BTC holdings, BTC converted, total EH/s, mining facility updates, and more.

CleanSpark Partners With Sustainable Bitcoin Standard to Double Down on Clean Bitcoin Mining

SBS provides miners and investors with verifiable ‘Proof of Sustainable Mining’ certificates.

CleanSpark Finalizes $35 Million in Financing from Trinity Capital

The move delivers on CleanSpark’s commitment to rightsizing its capital structure.

Cryptonews.com: Ripple’s Exec Campaign Has ‘Zero Chance’ of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks

CleanSpark CEO Zach Bradford gives insight towards the proof-of-work vs proof-of-stake debate.

PYMNTS: For CFOs, Crypto and Blockchain Present Opportunities to Transform Business

CleanSpark CFO Gary A. Vecchiarelli spoke with PYMNTS about his background and how crypto can be beneficial for companies.

CleanSpark Among Top 50 Fastest Growing Companies

We earned a top spot on the Financial Times' list of the 500 Fastest Growing Companies in the Americas.

The Atlanta Journal-Constitution: Bitcoin Miners Descend on Georgia to Mint New Currency

One of CleanSpark's bitcoin mining facilities was visited for an article about Georgia's designation as a mining hotspot.

Bitcoin Magazine: Building New Grids to Support Local Communities and Strengthen the Bitcoin Network

CleanSpark CEO Zach Bradford’s Bitcoin 2022 panel was covered by Bitcoin Magazine. The article highlighted key points from Bradford as well as the other panelists.

CleanSpark Announces March 2022 Bitcoin Production

Monthly mining updates include production, BTC holdings, BTC converted, total EH/s, mining facility updates, and more.

CleanSpark to Expand Mining Operations in Texas With up to 500 Megawatts of Renewable Power

The expansion at full deployment adds up to 16.0 EH/s to CleanSpark’s existing hashrate.

CoinDesk: Bitcoin Mining and ESG -- A Match Made in Heaven

As clean energy gradually gets cheaper, mining operations will help subsidize green projects, writes the CEO of CleanSpark. This op-ed is part of CoinDesk’s Mining Week.

Bloomberg: Margins of Up to 90% Give Energy Firms That Mine Bitcoin an Edge

CleanSpark hasn't sold a single share of equity since November and operates at a 90% bitcoin mining profit margin, according to our executive chairman Matt Schultz.

CleanSpark Hosts Grand Opening and Ribbon-Cutting for Corporate Headquarters in Henderson

We hope to grow community relationships in the area with our new office in a prime location.

FOX5 Vegas: Crypto Company Opens Its Headquarters in Henderson

FOX5 Vegas (KVVU) attends the ribbon-cutting and grand-opening of CleanSpark's new corporate headquarters.

Entrepreneur: Wall Street is Bullish on These 2 Crypto Stocks -- CleanSpark and Riot Blockchain

This article on Entrepreneur claims Wall Street analysts are bullish on CleanSpark (CLSK) and Riot Blockchain (RIOT). Here's why.

Proactive: Cleanspark Says “Everything Going According to Plan” as It Reveals February Bitcoin Mining Numbers

CleanSpark Executive Chairman Matt Schultz spoke with Proactive's Christine Corrado about recent company news including the Q1 earnings call, February's bitcoin production, immersion cooling updates, salary increases for bitcoin mining employees, and more.

CleanSpark Announces February 2022 Bitcoin Production

Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.

CleanSpark Increases Salaries of Mining Operations Workers to Attract and Develop A-Players

The move, aimed at bettering the lives of team members, is part of CleanSpark’s ESG commitment.

WSB-TV: This Is How Georgia Is Becoming One of the Biggest Hubs for Bitcoin Mining, Digital Investing

WSB-TV aired a segment discussing Georgia as a booming hub for bitcoin miners and interviewed CleanSpark Executive Chairman Matt Schultz at our facility in College Park.

10 Natural Resources the Metaverse Will Use - Part 2

It’s easy to get lost in the futuristic world of Bitcoin, NFTs and metaverse technology but something that will never change is our reliance on natural resources.

10 Natural Resources the Metaverse Will Use - Part 1

It’s easy to get lost in the futuristic world of Bitcoin, NFTs and metaverse technology but something that will never change is our reliance on natural resources.

Bitcoin Magazine: Illinois, Georgia Want to Give Tax Cuts for Bitcoin Miners

Illinois and Georgia recently introduced legislature to provide tax incentives for bitcoin miners. CleanSpark uses the long-standing Georgia Territorial Electric Service Act for our bitcoin mining facilities. This Bitcoin Magazine article features a quote from CleanSpark Executive Chairman Matt Schultz.

Talkin' Investing: $CLSK Cleanspark Has Some BIG PLANS?!

CleanSpark VP of Strategic Communications Isaac Holyoak chats with Talkin' Investing for a great overview of the company's vision.

Compass Podcast: Is Bitcoin Mining an Arms Race?

CleanSpark CEO Zach Bradford was interviewed on Compass Mining's podcast (Compass Podcast) about bitcoin, renewables and beyond.

Barron's: How Your Clients Can Bet on Crypto Without Buying the Coins

Barron's details CleanSpark's past and explains how it has shaped the company's present as a sustainable bitcoin miner.

CoinDesk: Bitcoin Miner CleanSpark Surges on Plan to Sell Legacy Energy Business

Shares of CleanSpark rose sharply on news that the company plans to sell its legacy energy business in order to focus on faster-growth bitcoin mining operations.

CleanSpark Reports Record First Quarter FY2022 Financial Results

Company reports record revenues of $41.2 million, Significant gross and net margin expansion; Management to communicate revised strategy and long-term vision on earnings call.

CoinDesk: Valkyrie Bitcoin Miners ETF Managers Bullish on Green Firms as Fund Begins Trading

Valkyrie's ETF trading on the NASDAQ features CleanSpark alongside other sustainable bitcoin miners.

CleanSpark Announces January Bitcoin Mining Updates

Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.

Bisnow: 'Sleepy Rural Settlements' Becoming Crypto Boomtowns In Cheap-Power States

The "cheap" electricity in Georgia combined with clean energy has been instrumental in the success of our bitcoin mining operations. It has also allowed us to give back to the community via employment opportunities, upgraded power lines, scholarships and beyond. This Bisnow article features quotes from CleanSpark CEO Zach Bradford.

Gwinnett Technical College Students Awarded Scholarships As Part of CleanSpark’s Community Commitment

CleanSpark established the CleanSpark Scholarship for Technological Innovation at Gwinnett Technical College for five students seeking an associate degree in the computer sciences program.

Industries That Decarbonize Will Revitalize the Economy

CleanSpark recognizes fundamentally that as the economy changes due to the rise in decentralized currency’s popularity that decarbonization must carry over into the new economy as well.

Bloomberg: Bitcoin’s Price Tumble Tests Resilience of Crypto Miners

A recent Bloomberg article about resilient crypto miners features CleanSpark and includes quotes from executive chairman Matt Schultz.

Bitcoin Magazine: Bitcoin Miner CleanSpark Reaches 2 EH/s Hashrate Capacity

An article by Bitcoin Magazine featuring quotes by CleanSpark executives details our recent bitcoin mining achievements.

CoinDesk: Bitcoin Miner CleanSpark Hits 2 EH/s to Join Ranks of Top North American Miners

CoinDesk discusses CleanSpark's 2 EH/s sustainable bitcoin mining achievement.

CleanSpark Achieves Major Milestone at 2 EH/s Hashrate

We're a top publicly traded crypto mining company in terms of hashrate.

CleanSpark Applauds Congressional Hearing on Bitcoin Mining

Focused on sustainability, CleanSpark has long held that bitcoin mining is a boon to renewable energy infrastructure.

CoinDesk: Bitcoin Miners Are Starting to ‘Hodl’ Again, but for How Long?

CleanSpark Executive Chairman Matt Schultz speaks with CoinDesk about the downside of 100% HODLing mined bitcoin.

CleanSpark Opens New Corporate Headquarters in the Las Vegas Valley

We've planted new roots in Henderson’s Green Valley community.

CryptoNews.com: Bitcoin & Crypto Mining in 2022 -- New Locations, Technologies, and Bigger Players

CryptoNews.com gives a 2022 Bitcoin forecast, featuring insight from CleanSpark CEO Zach Bradford.

CleanSpark Announces December Bitcoin Mining Updates

Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.

Las Vegas Business Press: ON THE MOVE -- Bitcoin Mining Company Names CFO

Las Vegas Business Press covers the news of Gary A. Vecchiarelli's hiring as CleanSpark CFO.

CleanSpark Marks Its One-Year Anniversary of Sustainable Bitcoin Mining

A renewable energy mix has been used at our Atlanta, GA, facilities since the first bitcoin mined in December 2020.

CleanSpark Reports Fourth Quarter and Fiscal Year 2021 Financial Results

The twelve-month revenue increased nearly 400% to $49.4 million from one year ago.

CleanSpark Announces New 20 MW Immersion Cooling Initiative at Norcross Bitcoin Mining Facility

The new data center’s immersion cooling technology is expected to increase bitcoin mining efficiency by 20% or more, according to industry standards and the manufacturer.

CleanSpark Announces November Bitcoin Mining Updates

Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.

CleanSpark Unveils New Brand Identity to Unify its Business Segments

Our new ‘look and feel’ unifies the company’s business segments — sustainable bitcoin mining and renewable energy technology.

TD Ameritrade Network: CleanSpark (CLSK) Acquires 2,597 Bitcoin Mining Machines

TD Ameritrade's Next Gen Investing discusses CleanSpark for their Under 30 stock segment.

CoinDesk: Bitcoin Miner CleanSpark Buys New Machines to Take Advantage of Spot Market Prices

CleanSpark purchases 2,597 Antminer S19 bitcoin mining machines, in addition to 2,711 already being delivered this month. This increases the company’s current hashrate of 1.3 EH/S by almost 20%.

Cointelegraph: To the Roots of Mining -- Bitcoin Going Green Faster Than Ever

Cointelegraph discusses the shift to clean energy in cryptocurrency mining. CleanSpark CEO Zach Bradford details how bitcoin mining can make use of abandoned energy sources while also contributing to local utilities that need extra energy.

Utah Business: CleanSpark Wants to Make Bitcoin Mining Sustainable

Utah Business interviews CleanSpark Co-Founder and Executive Chairman Matt Schultz about the company's past, present and future. Motivated by its roots in renewables and energy storage, CleanSpark is making the notoriously energy-consuming process of bitcoin more planet-friendly.

Proactive: CleanSpark Leverages Its Mined Digital Currency to Fund 4,500 Newest Generation Miners

Proactive’s Christine Corrado interviews CleanSpark Executive Chairman Matt Schultz about our new order of 4,500 S19 bitcoin mining units and how CleanSpark leverages the value of the bitcoin that we hold.

Bitcoin Magazine: Bitcoin Miner CleanSpark to Expand Mining Capacity by 45%

Bitcoin Magazine covers the news of CleanSpark’s bitcoin mining expansion with the purchase of more S19 Antminer machines. An increase in computing power by 450 PH/S is expected for the mining operations, which take part in Georgia’s Simple Solar program.

How Energy Storage Adds Value to Your Home

Renewable energy has evolved and expanded over the last two decades. It is now a force in both the environment and the economy, but such gains have not been without growing pains.

Creating Energy Resiliency Amid an Unreliable Power Grid

Resilient energy is energy which can operate independently or adapt under the weight of external forces. For a business like a winery or a home, it means the ability stay open and keep the lights on during a natural disaster, power surge, rogue wind, or even a raging fire. Power outages in California have become a massive issue in the past couple of years, most notably due to the growing number of wildfires. As a result, California, and especially Napa Valley, are leading the push for resilient energy.

CleanBlok Shares Approach to Sustainable Bitcoin Mining at Digital Mining Energy Conference 2021

Bitcoin is more mainstream than ever, but there’s a certain stigma that surrounds mining the popular cryptocurrency due to its high energy consumption.

CleanSpark Joins with Partnership Gwinnett to Announce $145 Million in Capital and Human Investments

The announcement included expected capital and human investments of nearly $145 million over the next five years at CleanSpark's data center in Norcross, Georgia.

California Positioned as a Leader in Renewable Energy for the Nation

California’s blueprint to the state’s energy market is orientated towards improving efficiency, reliability, and a future of clean energy for all.

CleanSpark’s GridFabric Releases Version Three of OpenADR Software Canvas

What is Canvas? Canvas’s grid flexibility and automated demand response software helps ensure electricity is used when it’s the most clean and cheap.

Benefits of Adding Energy Storage to Your Residential Solar System

The increase in installation rates of solar power nationwide has made energy storage systems more affordable than ever.

Efficient Change: Senate Introduces Tax Relief Bill Incentivizing Clean Energy Use

In March of 2021, U.S. Senators Tom Carper, Martin Heinrich and Sheldon Whitehouse introduced the Save America’s Clean Energy Jobs Act to help recover almost 430,000 clean energy jobs lost from February to December of last year.

CleanSpark to Apply Microgrid Technologies to Bitcoin Mining and Data Center Operations

CleanSpark is on a mission to mine Bitcoin in a responsible way utilizing clean energy and at the lowest energy cost possible.

CleanSpark Named Top Microgrid Control Vendor in Q1 2021 by Guidehouse Insights

A national study by market research firm Guidehouse Insights has named CleanSpark to its list of top microgrid controls vendors for Q1 2021.

Residential Solar and Battery Rebates Across Country Support Growing Renewable Energy Sector

Renewable energy sources can work together in a residential microgrid to help a homeowner save money as well as provide backup power when the utility grid is shutdown.

Updates to CleanSpark Energy Modeling Software Explained

CleanSpark’s microgrid modeling and design tool was created for Developers, EPCs, and Energy Consultants to help accurately plan projects that utilize multiple distributed energy resources recently underwent upgrades.

Self-Generation Incentive Program – SGIP

The California Self-Generation Incentive Program encourages residential storage deployments in California. The program provides incentives to help reduce the costs of energy storage (batteries) to consumers. Residential storage (batteries) reduce strain on utilities and provide resiliency for homeowners.

CleanSpark Launches mVoult Residential Microgrid Solution

An aging infrastructure, unplanned natural disasters, and increased pricing are constantly putting a strain on traditional power sources and consumers alike. Why risk your electricity when you can opt for your very own residential microgrid?

OpenADR Overview

Automated grid flexibility is critical to a renewable energy powered grid by ensuring electricity is used when it is cleanest and cheapest. Automating via Open Standards reduces implementation costs and improves interoperability of programs, which means more money can go towards incentivizing the participation and innovation necessary to support the clean energy transition.

What the FERC 2222 Ruling Means for CleanSpark

FERC Order Number 2222 that will help aggregated distributed energy resources (DERs) compete alongside and work with traditional power grid resources. The FERC ruling will promote competition in electric markets by removing the barriers preventing distributed energy resources (DERs) like CleanSpark and its partners from competing in an organized capacity in energy and ancillary services markets run by regional grid operators.

Comparing Solar and Solar Plus Storage

Many states and utilities have created net-metering programs, which provide energy credits for solar generation exported to the utility grid, but as more renewables have come online, this has become more difficult to manage as the curve of the typical load profile across the utility has changed. The California Independent System Operator (CAISO) has been tracking their “duck curve” of actual and projected net loads across their infrastructure.