The forward-looking statements in this press release are only predictions. Forward-looking statements contained in this press release, but are not limited to statements regarding our future results of operations and financial position, industry and business trends, equity compensation, business strategy, plans, market growth and our objectives for future operations. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. All statements other than statements of historical facts contained in this press release may be forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For more information about the Company, please visit the Company's website at. An agreement for up to 500MW was signed in late March with operations expected to commence in Q4 2022.ĬleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. The Company continues to expand its relationship with approximately 11,000 machines hashing at the facility.
The Company is delivering on efficiency and uptime, with approximately 12,000 latest generation miners hashing at the facility. “We expect to see our installations and associated hashrate continue to increase as we fine-tune our processes.” “We are executing in phases to ensure maximum value in terms of overclocking and efficiency,” said Zach Bradford, CEO. Miner installations continue, with about 1,200 immersion-cooled S19j pros hashing as of April 30. April daily BTC production reached a high of 10.75. Sales of BTC equated to proceeds of approximately $11.9 million, most of which were used for growth capital expenditures at the company’s Norcross facility. The Company fully funded growth and operations through the sale of 285 bitcoins in April 2022 at an average of approximately $41,764 per BTC.
#CLEANSPARK WIKI UPDATE#
(Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending April 30, 2022.īitcoin Production & Operations Update (unaudited) LAS VEGAS, (GLOBE NEWSWIRE) - CleanSpark, Inc.