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What is Bitcoin?

What is Bitcoin?

What is Bitcoin?

What is Bitcoin?
What is Bitcoin?
August 4, 2022 Miscellaneous

What is Bitcoin?

Do you keep hearing about Bitcoin but don’t know what it is? Are you intrigued by it but still confused? Look no further! We at CleanSpark created this Bitcoin explanation to help.

  • It’s a digital currency or cryptocurrency
  • Bitcoin is not backed by the government (decentralized finance)
  • It was created by a mysterious person (or group of people) named Satoshi Nakamoto in 2009
  • There will only ever be 21 million bitcoins in existence

Watch below for more information!

The Latest

April 12, 2024

Community

CleanSpark to Host Investor Day at Immersion-Cooled Bitcoin Campus in Norcross, Georgia

We are pleased to announce our Retail Investor Day, to be held at our cutting-edge immersion-cooled Bitcoin campus in Norcross, Georgia. The event will take place on Thursday, May 30, offering retail investors an exciting opportunity to tour the innovative facility and learn about CleanSpark's approach to Bitcoin mining.

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April 12, 2024

News Releases

CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines

Our hashrate has exceeded 17 EH/s as CleanSpark's newly acquired site in Dalton goes online. In addition, we have exercised our option to purchase 100,000 Bitmain S21 Pros, or 23.4 EH/s of machines, from an existing agreement announced earlier this year.

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April 1, 2024

News Releases

CleanSpark Releases March 2024 Bitcoin Mining Update

We mined 806 bitcoin in March, a 24% increase from February, and our bitcoin holdings are now at 5,021.

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