Our Blog

We’re industry thought leaders and enjoy conversations that raise awareness about bitcoin mining, sustainability and renewable energy. You’ll find knowledge base pieces, company news and more by reading our blog below.

September 5, 2023

News Releases

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.

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September 5, 2023

News Releases

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.

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August 29, 2023

Press

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.

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August 10, 2023

Press

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.

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August 9, 2023

News Releases

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.

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August 2, 2023

News Releases

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.

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July 25, 2023

News Releases

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.

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July 13, 2023

News Releases

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.

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July 4, 2023

Press

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.

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July 3, 2023

News Releases

CleanSpark Releases June 2023 Bitcoin Mining Update

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

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June 22, 2023

Press

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.

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June 21, 2023

News Releases

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.  

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June 14, 2023

Miscellaneous

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.

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June 13, 2023

News Releases

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.

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June 2, 2023

Press

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.

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June 2, 2023

News Releases

CleanSpark Releases May 2023 Bitcoin Mining Update

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

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June 1, 2023

News Releases

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.

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May 10, 2023

News Releases

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.

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May 3, 2023

News Releases

CleanSpark Releases April 2023 Bitcoin Mining Update

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

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April 27, 2023

News Releases

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.

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April 17, 2023

Press

PYMNTS: Why CFOs Say Bear Markets Make Great Companies

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

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April 11, 2023

Press

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.

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April 11, 2023

News Releases

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.

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April 10, 2023

News Releases

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.

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April 3, 2023

News Releases

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.

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March 30, 2023

Press

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.

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March 28, 2023

Miscellaneous

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.

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March 24, 2023

Miscellaneous

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.

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March 23, 2023

News Releases

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.

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March 16, 2023

Press

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.

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March 2, 2023

News Releases

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.

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February 27, 2023

Miscellaneous

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.

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February 23, 2023

Press

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.

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February 16, 2023

News Releases

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.

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February 9, 2023

Press

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

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

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February 9, 2023

News Releases

CleanSpark Reports First Quarter FY2023 Financial Results

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

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February 2, 2023

News Releases

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%.

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January 30, 2023

News Releases

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.

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January 19, 2023

News Releases

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.

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January 14, 2023

Press

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.

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January 11, 2023

News Releases

CleanSpark Earns 2022 Great Place to Work Certification‚ĄĘ

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

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January 4, 2023

News Releases

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.

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December 21, 2022

News Releases

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.

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December 18, 2022

Press

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.

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December 14, 2022

News Releases

CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results

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

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December 9, 2022

Press

Fortune: Bitcoin Miners Took on Billions in Debt to ‚ÄėPump Their Stock‚Äô‚ÄĒLeading 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.

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December 2, 2022

News Releases

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.

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December 1, 2022

News Releases

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.

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November 30, 2022

News Releases

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.

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November 17, 2022

News Releases

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.

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November 7, 2022

Press

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.

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November 4, 2022

Miscellaneous

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.

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November 3, 2022

News Releases

CleanSpark Releases October 2022 Bitcoin Mining Update

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

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November 2, 2022

Press

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.

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November 1, 2022

News Releases

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.

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October 25, 2022

News Releases

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.

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October 19, 2022

Educational

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.

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October 18, 2022

News Releases

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.

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October 13, 2022

Press

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.

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October 12, 2022

Press

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.

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October 11, 2022

News Releases

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.

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October 4, 2022

Press

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.

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October 4, 2022

News Releases

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.

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October 3, 2022

Press

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.

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September 27, 2022

News Releases

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.

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September 26, 2022

Press

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.

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September 21, 2022

Press

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.

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September 12, 2022

News Releases

CleanSpark Announces Participation at Upcoming Investor Conferences this September

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

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September 9, 2022

Press

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.

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September 9, 2022

News Releases

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.

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September 8, 2022

Miscellaneous

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.

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September 7, 2022

Press

WJBF-TV: A New Bitcoin ‚ÄėMining‚Äô 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.

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September 7, 2022

News Releases

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.

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September 2, 2022

News Releases

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.

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August 31, 2022

Bitcoin

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.

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August 30, 2022

News Releases

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.

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August 29, 2022

News Releases

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.

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August 24, 2022

News Releases

CleanSpark Names New Chief Communications Officer

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

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August 19, 2022

News Releases

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.

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August 11, 2022

Press

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.

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August 9, 2022

Press

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.

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August 9, 2022

News Releases

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.

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August 9, 2022

News Releases

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.

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August 4, 2022

Educational

What is Bitcoin?

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

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August 3, 2022

News Releases

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%.

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August 2, 2022

Miscellaneous

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!

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July 29, 2022

News Releases

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.

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July 19, 2022

Press

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.

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July 16, 2022

Press

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.

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July 14, 2022

Press

Bitcoin.com: ‚ÄėUnprecedented Opportunities‚Äô ‚ÄĒ Cleanspark Acquires 1,061 Bitcoin Miners at a ‚ÄėDiscounted Price‚Äô

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

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July 14, 2022

Press

Cointelegraph: CleanSpark scoops up 1K+ mining rigs at ‚Äėsubstantially discounted price‚Äô

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

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July 14, 2022

News Releases

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.

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July 7, 2022

Press

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.

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July 6, 2022

News Releases

CleanSpark Announces June 2022 Bitcoin Production

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

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July 4, 2022

Press

Vegas Inc: People on the Move

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

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June 29, 2022

Press

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.

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June 29, 2022

Press

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.

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June 25, 2022

Press

Business Insider: Energy Costs Are Soaring, Bitcoin‚Äôs Price Is Plummeting ‚ÄĒ And That‚Äôs 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.

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June 23, 2022

Press

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.

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June 22, 2022

Press

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.

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June 21, 2022

News Releases

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.

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June 16, 2022

Press

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.

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June 16, 2022

News Releases

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‚ÄĒalong with immersion-cooling infrastructure.

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June 5, 2022

Press

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.

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June 3, 2022

Miscellaneous

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.

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June 2, 2022

Press

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.

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June 2, 2022

News Releases

CleanSpark Announces May 2022 Bitcoin Production

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

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May 26, 2022

Miscellaneous

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.

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May 20, 2022

Press

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.

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May 13, 2022

Press

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.

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May 10, 2022

Press

CoinDesk: Bitcoin Miner CleanSpark Tops Quarterly Estimates

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

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May 10, 2022

News Releases

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.

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May 5, 2022

News Releases

CleanSpark Announces April 2022 Bitcoin Production

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

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April 28, 2022

News Releases

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

SBS provides miners and investors with verifiable ‚ÄėProof of Sustainable Mining‚Äô certificates.

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April 26, 2022

News Releases

CleanSpark Finalizes $35 Million in Financing from Trinity Capital

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

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April 24, 2022

Press

Cryptonews.com: Ripple‚Äôs Exec Campaign Has ‚ÄėZero Chance‚Äô 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.

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April 20, 2022

Press

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.

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April 13, 2022

News Releases

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.

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April 12, 2022

Press

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.

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April 8, 2022

Press

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.

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April 5, 2022

News Releases

CleanSpark Announces March 2022 Bitcoin Production

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

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March 31, 2022

News Releases

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.

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March 22, 2022

Press

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.

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March 20, 2022

Press

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.

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March 18, 2022

Miscellaneous

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.

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March 16, 2022

Press

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.

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March 11, 2022

Press

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.

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March 4, 2022

Press

Proactive: Cleanspark Says ‚ÄúEverything Going According to Plan‚ÄĚ 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.

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March 3, 2022

News Releases

CleanSpark Announces February 2022 Bitcoin Production

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

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March 1, 2022

News Releases

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.

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February 24, 2022

Press

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.

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February 22, 2022

Miscellaneous

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.

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February 22, 2022

Miscellaneous

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.

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February 18, 2022

Press

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.

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February 17, 2022

Press

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.

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February 15, 2022

Press

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.

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February 14, 2022

Press

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.

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February 10, 2022

Press

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.

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February 9, 2022

News Releases

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.

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February 8, 2022

Press

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.

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February 3, 2022

News Releases

CleanSpark Announces January Bitcoin Mining Updates

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

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January 31, 2022

Press

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.

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January 27, 2022

News Releases

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.

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January 26, 2022

Educational

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.

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January 25, 2022

Press

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.

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January 24, 2022

Press

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.

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January 24, 2022

Press

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.

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January 24, 2022

News Releases

CleanSpark Achieves Major Milestone at 2 EH/s Hashrate

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

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January 20, 2022

News Releases

CleanSpark Applauds Congressional Hearing on Bitcoin Mining

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

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January 13, 2022

Press

CoinDesk: Bitcoin Miners Are Starting to ‚ÄėHodl‚Äô Again, but for How Long?

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

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January 12, 2022

Miscellaneous

CleanSpark Opens New Corporate Headquarters in the Las Vegas Valley

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

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January 9, 2022

Press

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.

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January 6, 2022

News Releases

CleanSpark Announces December Bitcoin Mining Updates

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

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January 4, 2022

Press

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.

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December 16, 2021

News Releases

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.

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December 14, 2021

News Releases

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.

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December 9, 2021

News Releases

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.

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December 6, 2021

News Releases

CleanSpark Announces November Bitcoin Mining Updates

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

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November 30, 2021

News Releases

CleanSpark Unveils New Brand Identity to Unify its Business Segments

Our new ‚Äėlook and feel‚Äô unifies the company‚Äôs business segments ‚ÄĒ sustainable bitcoin mining and renewable energy technology.

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November 24, 2021

Press

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.

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November 19, 2021

Press

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%.

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October 27, 2021

Press

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.

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October 13, 2021

Press

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.

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October 13, 2021

Press

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.

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October 12, 2021

Press

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.

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October 8, 2021

Educational

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.

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September 29, 2021

Educational

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.

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September 17, 2021

Bitcoin

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.

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September 16, 2021

News Releases

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.

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September 7, 2021

Educational

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.

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September 7, 2021

Educational

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.

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August 11, 2021

Educational

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.

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June 7, 2021

Educational

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.

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April 29, 2021

Bitcoin

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.

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April 21, 2021

Educational

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.

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March 30, 2021

Educational

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.

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March 8, 2021

Educational

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.

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March 4, 2021

Educational

Self-Generation Incentive Program ‚Äď 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.

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February 24, 2021

Educational

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?

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September 25, 2020

Educational

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.

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September 24, 2020

Educational

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.

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September 2, 2020

Educational

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 ‚Äúduck curve‚ÄĚ of actual and projected net loads across their infrastructure.

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