All of this is to swiftly move towards our goal of mining bitcoins at the lowest energy cost in the United States.” We will continue to provide periodic updates as we make additional progress on our expansion plans with the intention of increasing production at our Atlanta facility from the current approximately 15 MW to more than 50 MW. We anticipate completion of our near-term expansion within the coming weeks adding 1,500 more ASICs miners in January. As prices fluctuate, the Company’s focus is on the variables within our control such as expanding the fleet of miners, and maximizing the renewable energy usage. We anticipate that as we scale up our deployment of energy assets and software, we can decrease our total cost per coin to even lower levels. ![]() Conservatively, based on our all-in costs including energy, rent, personnel and overhead the Company can realize a profit whenever Bitcoin values are above $6,000 per coin. Zach Bradford, CEO of CleanSpark commented, “We believe in taking a big-picture approach in how we view Bitcoin values with a focus on profitability. The Company’s Bitcoin mining activities have resulted in roughly $873,000 of revenue since the closing of the transaction. Bitcoin prices have rapidly escalated to as high as $34,366 over the holiday weekend. Production since the first of the year has exceeded 4.3 Bitcoins. (Nasdaq: CLSK), (“CleanSpark, or the Company”), an advanced software and controls technology solutions company focused on solving modern energy challenges, today announced updated total Bitcoin mining numbers and revenues following its acquisition of its wholly owned subsidiary, ATL Data Centers LLC.įrom Decemthe first full-day of mining following the acquisition, through the end of the calendar year, CleanSpark produced just over 31 Bitcoins from its mining activities. 05, 2021 (GLOBE NEWSWIRE) - SALT LAKE CITY, Janu- CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.SALT LAKE CITY, Jan. The company was formerly known as Stratean Inc. In addition, it provides design, software development, and other technology-based consulting services data center services, including rack space, power, and equipment and various cloud services, such as virtual, virtual storage, and data backup services. ![]() This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources Canvas, a middleware for grid operators and aggregators to administrate load shifting programs Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. ![]() The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers and develops platforms that enables designing, building, operating, and managing of energy assets. The Digital Currency Mining segment engages in mining of bitcoin. It operates in two segments, Digital Currency Mining and Energy. provides bitcoin mining and energy technology solutions worldwide.
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