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.
Read MoreSeptember 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreMay 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.
Read MoreMay 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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%.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 11, 2023
News Releases
CleanSpark Earns 2022 Great Place to Work Certification™
The recognition comes on the heels of an anonymous companywide employee survey.
Read MoreJanuary 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.
Read MoreDecember 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.
Read MoreDecember 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.
Read MoreDecember 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.
Read MoreDecember 9, 2022
Press
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.
Read MoreDecember 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.
Read MoreDecember 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.
Read MoreNovember 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.
Read MoreNovember 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.
Read MoreNovember 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.
Read MoreNovember 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.
Read MoreNovember 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.
Read MoreNovember 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.
Read MoreNovember 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 7, 2022
Press
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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 24, 2022
News Releases
CleanSpark Names New Chief Communications Officer
Isaac Holyoak was promoted from his previous role, vice president of strategic communications.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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.
Read MoreAugust 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%.
Read MoreAugust 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!
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJuly 14, 2022
Press
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.
Read MoreJuly 14, 2022
Press
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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJuly 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 25, 2022
Press
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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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—along with immersion-cooling infrastructure.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreJune 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.
Read MoreMay 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.
Read MoreMay 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.
Read MoreMay 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.
Read MoreMay 10, 2022
Press
CoinDesk: Bitcoin Miner CleanSpark Tops Quarterly Estimates
CleanSpark funded its growth and capital expenditure plans with the sale of mined bitcoin.
Read MoreMay 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.
Read MoreMay 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.
Read MoreApril 28, 2022
News Releases
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.
Read MoreApril 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.
Read MoreApril 24, 2022
Press
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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 4, 2022
Press
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.
Read MoreMarch 3, 2022
News Releases
CleanSpark Announces February 2022 Bitcoin Production
Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.
Read MoreMarch 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 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.
Read MoreFebruary 3, 2022
News Releases
CleanSpark Announces January Bitcoin Mining Updates
Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 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.
Read MoreJanuary 13, 2022
Press
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.
Read MoreJanuary 12, 2022
Miscellaneous
CleanSpark Opens New Corporate Headquarters in the Las Vegas Valley
We've planted new roots in Henderson’s Green Valley community.
Read MoreJanuary 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.
Read MoreJanuary 6, 2022
News Releases
CleanSpark Announces December Bitcoin Mining Updates
Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.
Read MoreJanuary 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.
Read MoreDecember 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.
Read MoreDecember 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.
Read MoreDecember 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.
Read MoreDecember 6, 2021
News Releases
CleanSpark Announces November Bitcoin Mining Updates
Monthly mining updates include production, BTC holdings, BTC converted, total EH/s and more.
Read MoreNovember 30, 2021
News Releases
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.
Read MoreNovember 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.
Read MoreNovember 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%.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreAugust 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.
Read MoreJune 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.
Read MoreApril 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.
Read MoreApril 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.
Read MoreMarch 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.
Read MoreMarch 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.
Read MoreMarch 4, 2021
Educational
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.
Read MoreFebruary 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?
Read MoreSeptember 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.
Read MoreSeptember 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.
Read MoreSeptember 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 “duck curve” of actual and projected net loads across their infrastructure.
Read More