Outlet: Bloomberg

Date Published: March 20, 2022

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

Link: https://www.bloomberg.com/news/articles/2022-03-20/margins-of-up-to-90-give-energy-firms-mining-bitcoin-btc-an-edge

Summary: 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. The company sells a portion of BTC mined instead.