Cleanspark investor relations update#

An additional 2MW is expected to go live in May, bringing the total hashrate at Coinmint to 1.06 EH/s, backed by over 11,500 machines. CleanSpark has 31MW operational at Coinmint, one of the Company's co-hosting partners. The Company expects the number of machines hashing to rapidly increase over the coming quarter. All machines needed to fill the facility to capacity have been received and are being prepared for immersion cooling and deployment. The Company has experienced delays with its utility partner related to weather and construction. CleanSpark's Norcross campus saw significant progress during March, with about 600 immersion-cooled S19j pros hashing as of March 31.

(Note: an earlier version of this press release incorrectly reported in this paragraph only the number of bitcoins sold in March the average per BTC sold has been updated accordingly). March daily BTC production reached a high of 10.57. Sales of BTC equated to proceeds of approximately $17.6 million, most of which was used for growth capital expenditures at the company's Norcross facility. The Company fully funded growth and operations through the sale of 391 bitcoins in March 2022 at an average of approximately $45,036 per BTC. Total BTC converted for operations and growth in March: 391Ĭurrently deployed fleet of over 23,000 latest-generation bitcoin miners with a total hashrate of 2.3 EH/s

Cleanspark investor relations 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 March 31, 2022.īitcoin Production & Operations Update (unaudited)Ĭalendar year-to-date production ending March 31: 898 LAS VEGAS, April 5, 2022 - CleanSpark, Inc.