Category: Blog

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

wooden house and lightbulb on money

Outlet: Business Insider Date Published: June 25, 2022 Title: Energy Costs Are Soaring, Bitcoin’s Price Is Plummeting — And That’s Why Big Crypto Miners Are Selling Tokens at a Discount Link: https://markets.businessinsider.com/news/currencies/bitcoin-mining-crypto-crash-energy-price-outlook-ethereum-riot-marathon-2022-6 Summary: “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 […]

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

bitcoin

Outlet: Forbes Date Published: June 23, 2022 Title: Bitcoin Miners Face Pressure To Sell Off Holdings Amid Plunging Profitability Link: https://www.forbes.com/sites/colinharper/2022/06/23/bitcoin-miners-face-pressure-to-sell-off-holdings-amid-plunging-profitability/?sh=64ad331b1f28 Summary: CleanSpark is one of two public bitcoin mining companies that performs well under the EV/ ASIC Value Ratio, according to a recent Forbes article.  

Sequire Spotlight: CleanSpark, Inc. (CLSK)

sequire spotlight

Outlet: YouTube Date Published: June 22, 2022 Link: https://www.youtube.com/watch?v=lMEgKSVcv_0 Summary: CleanSpark Executive Chairman Matt Schultz recently sat down with SRAX’s Sequire to discuss our energy background and how we’ve evolved into a successful bitcoin miner.

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

bitcoin facility

Outlet: CoinDesk Date Published: June 16, 2022 Title: CleanSpark Takes Advantage of Bear Market to Acquire Mining Rig Contracts Link: https://www.coindesk.com/business/2022/06/16/cleanspark-takes-advantage-of-bear-market-to-take-over-mining-rig-contracts/ Summary: We’ve also partnered with TMGcore to expand our immersion-cooled bitcoin mining infrastructure.  

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

rolled up money

Outlet: Bloomberg Date Published: June 5, 2022 Title: Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows Link: https://www.bloomberg.com/news/articles/2022-06-05/bitcoin-miners-are-selling-tokens-as-prices-linger-near-lows#xj4y7vzkg Summary: Small miners are at risk of needing to liquidate mined bitcoin, says our executive chairman Matt Schultz to Bloomberg. Meanwhile, CleanSpark’s holdings increased 23% in May.  

Chardan Initiates Coverage of CleanSpark With Report

person looking at graphs

Their analysis predicts CleanSpark’s hashrate will outpace the global bitcoin mining industry’s while increasing our market share. Read it here: https://chardan.bluematrix.com/sellside/EmailDocViewer?encrypt=9e602440-df4c-4069-bd7c-85890d158a23&mime=pdf&co=Chardan&id=bdobson@chardan.com&source=mail

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

bitcoins

Outlet: Bitcoin Magazine Date Published: June 2, 2022 Title: Bitcoin Mining Company CleanSpark Produced 312 BTC in Recent Update Link: https://bitcoinmagazine.com/business/cleanspark-released-bitcoin-mining-updates-for-may Summary: The mining update for May shows an increase of held bitcoin, daily production high of 10.69 and decreased operational expenses among other data.  

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

globe

By: Shaun Courtney • Companies relying on existing laws for revenue apportionment issues • US, Canada slow on offering formal tax guidance for miners Crypto miners flocking to the US and Canada, lured by their stable business environments and low energy costs, cite a growing concern—the lack of clear tax policies governing their operations. Mining […]