![]() ![]() The Company has tried to identify these forward-looking statements by using words such as "expect," "target," "anticipate," "believe," "could," "should," "estimate," "intend," "may," "will," "plan," "goal" and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's plans and expectations for expansion of its energy initiatives, operating results, business strategy, partnership with Coinmint, deployment of miners, digital currency mining activities, the growth of its facilities and other statements regarding the expectations, beliefs, plans, intentions and strategies of the Company. For more information about the Company, please visit the Company's website at. "We hope to continue to lead the market with these bold moves."Įarlier in August, CleanSpark announced the purchase of a former Sprint/Nextel datacenter in Norcross, Georgia, to start a new mining operation that is expected to be 100% net carbon-neutral, achieved by participating in Georgia's Simple Solar program.ĬleanSpark directly owns and operates facilities in Norcross and College Park, Georgia, that will bring a combined 65MW with a focus on clean and sustainable energy as it keeps ESG at the forefront of all its efforts.ĬleanSpark, Inc., a Nevada corporation, is an energy technology and clean bitcoin mining Company that is focused on solving modern energy challenges. We understand that using our bitcoin to support our operations and expansion is a paradigm shift for the digital currency mining industry in North America," said Zach Bradford, CEO of CleanSpark. "By making a conscious effort to reinvest in additional production, we are taking a market-based approach to our mining operations and maximizing value for our shareholders. The Company also intends to continue its holding strategy. By investing a portion of its mined bitcoins to buy additional miners, the Company aims to put those bitcoins back into circulation. CleanSpark believes that the value of digital currencies such as Bitcoin stems from their usefulness as a medium of exchange. In line with the interests of its shareholders, by selling some of its bitcoin, CleanSpark is converting a portion of its BTC holdings into bitcoin miners to increase revenues. The total number of miners slated for delivery over the next 12 months is now 24,580. The Company currently operates over 10,000 miners. The Company expects to have the data center space for the machines ready to plug and play before each consecutive delivery. Renewable energy-focused Bitcoin miner uses its own mined Bitcoins to accelerate growth, hashrate, reducing dilution.ĬleanSpark estimates that its sustainable bitcoin mining capacity will increase by a computing power of 450 PH/s, equivalent to almost 45% of the Company's current capacity, after the purchased machines are fully operational. ![]()
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