We strive to leave the planet better than we found it by sourcing and investing in low-carbon energy, like wind, solar, nuclear, and hydro. In 2020, we transitioned that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Since 2014, we’ve helped people achieve energy independence for their homes and businesses. I’m so proud of what we are accomplishing on the ground in Washington as we work to build some of the most efficient bitcoin mining infrastructure in North America.”ĬleanSpark (Nasdaq: CLSK) is America’s Bitcoin Miner™. Our teams and partners, which include the utility, city, and various construction firms, are working hand-in-hand for the build. “One building is completely done and ready for miners, with the other buildings in various stages of construction, each advancing according to schedule. “We are on schedule in Washington,” said Garrison. Scott Garrison, vice president of business development, is leading the expansion. The foundation was recently poured for Building 3, while concrete deliveries are imminent for Building 4. Racks are currently being installed in Building 2. Building 1 is complete and ready for miners. Total capacity in Washington is expected to be 86MW, the majority of which is sourced from low-carbon, on-grid energy. Once fully complete, the expansion will hold about 15,000 Antminer S19j Pro+ machines. The Washington expansion is a passively cooled data center consisting of four primary buildings. March daily BTC mined averaged 19.29 and reached a high of 20.25. Sales of BTC equated to proceeds of approximately $12.4 million. The Company funded growth and operations through the sale of 502 bitcoins in March 2023 at an average of approximately $24,800 per BTC. Currently deployed fleet of about 67,700 latest-generation bitcoin miners with a hashrate of 6.7 EH/s.Total BTC converted for operations and growth in March: 502.We are making the most of the bear market so that we are in position to take full advantage of the next bull market once it inevitably emerges.” As we scale, we intend to continue to use all capital levers available to us, including equity and bitcoin, carefully balancing both to provide the highest rate of return for our shareholders. Growth takes substantial capital, just as it does in any commodities-based business, especially in the scaling stage. “In this environment, a miner that is not growing is falling behind. Once those machines are racked and the expansion is energized, our hashrate is expected to increase to about 8.7 EH/s, giving us substantial progress toward our calendar year-end goal of 16 EH/s. The machines have already been purchased and shipping is expected to commence this month. “Our approach to proprietary mining gives us substantial control and flexibility over our destiny and the progress on our Washington expansion is a perfect example,” said Zach Bradford, CEO. (Nasdaq: CLSK), America’s Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2023. LAS VEGAS, Ap(GLOBE NEWSWIRE) - CleanSpark, Inc. Company mines 598 bitcoin in the month Ends the first quarter of the calendar year with 1,871 bitcoin mined, up 22% from the prior quarter 50MW Washington expansion on schedule
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