CleanSpark to Host Investor Day at Immersion-Cooled Bitcoin Campus in Norcross, Georgia
CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Minerâ„¢, is pleased to announce its Investor Day, to be held at its cutting-edge immersion-cooled Bitcoin campus in Norcross, Georgia. The event will take place on Thursday, May 30, offering retail investors an exciting opportunity to tour the innovative facility and learn about CleanSpark’s approach to Bitcoin mining. Liquid […]
Agence France-Presse: Bitcoin Miners Face Survival Test In ‘Halving’
By: Lucie Lequier Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say. The halving, held every four years and next due this month, exposes the weakest mining companies and individuals because it slashes their […]
Preparing for the Bitcoin Halving
A crucial moment happens within the Bitcoin mining industry every four years called the halving.  What is it and how is CleanSpark preparing for the halving? The Bitcoin halving is when the reward for mining one Bitcoin block is reduced by half. The mining algorithm was designed to fight inflation and maintain scarcity. Bitcoin […]
Decrypt: Bitcoin Miners Are Struggling After ETF Launch—Except One
After outperforming BTC last year, Bitcoin miners now look stagnant against the digital currency. By: Andrew Throuvalas The Bitcoin ETF launch in January has sent the price of BTC flying over the past 50 days, but companies that mine the top cryptocurrency have not been nearly as jubilant as the people who invest in it. […]
The Clarion Ledger: Bitcoin Data Centers in Mississippi? See Where They Are
By: Ross Reily When it was announced in January that Amazon Web Services is going to build two new hyperscale data centers in Madison County, speculation was there may be more data center business for the Magnolia State in the future. While there isn’t new infrastructure being built, it was announced this week that CleanSpark Inc., which […]
Blockworks: Crypto Miners Continue ‘Sprint’ for Hash Rate in Lead-up to Halving
Riot Platforms bought 31,500 more mining machines while CleanSpark has begun operating in Mississippi By: Ben Strack Bitcoin mining giant Riot Platforms has bought more mining machines, while rival CleanSpark has closed its acquisition of three new facilities. These moves by crypto miners are just the latest efforts aimed at boosting hash rate and optimizing […]
Yahoo! Finance: Bitcoin Mining CEO Calls ETF ‘Great Entry Point’ for Crypto
By: Brad Smith and Seana Smith After a false report on Tuesday, crypto bulls and investment firms await the Securities and Exchange Commission’s (SEC) ultimate decision on Wednesday over whether to approve issuances of a spot bitcoin ETF. Crypto companies, such as low-emission bitcoin miner CleanSpark (CLSK), are excited about the accessibility aspects a bitcoin […]
Bloomberg: Bitcoin Miner CleanSpark Plans to Launch In-House Trading Desk This Year
Miners tend to have large Bitcoin inventory holdings The firm aims to lower cost, risks through its in-house desk By: David Pan CleanSpark Inc., one of the largest US public Bitcoin mining companies, intends to launch an in-house trading desk this year to maximize returns from its holdings of the cryptocurrency. “We really think that […]
Reuters: Crypto Stocks Surge as Bitcoin Hits Fresh 2023 High
By: Reuters Dec 4 (Reuters) – Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Shares of companies whose fortunes are tied to the cryptocurrency have rallied in recent weeks, spurred by optimism about potential interest […]
Reason: The Future of Energy? Brooklyn’s Bitcoin-Heated Bathhouse
By: Zach Weissmueller Bitcoin mining ties the world’s first decentralized digital currency to the physical world. But bitcoin remains borderless, seeking to exploit inefficiency wherever it can, whether that’s a Brooklyn bathhouse, an unmarked warehouse in Venezuela, or the small rural town of Washington, Georgia. Mayor Bill DeGolian of Washington welcomed CleanSpark, one of […]