Company
CleanSpark Inc
NASDAQ: CLSK
CleanSpark Inc. is an energy technology and sustainable bitcoin mining company that is focused on solving modern energy challenges. The NASDAQ-listed company and its subsidiaries also own and operate a fleet of bitcoin miners at its facilities outside of Atlanta, Georgia.
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CleanSpark raises year-end hashrate guidance by 10% as it smashes previous guidance 60 days ahead of schedule
A firm's hashrate is one of the most critical metrics for evaluating public bitcoin mining companies as it determines how much bitcoin a company can mine
CleanSpark completes acquisition of Mawson Infrastructure Group’s Sandersville bitcoin mining facility
“Mawson has built a world-class facility, staffed by an incredible team, and we are looking forward to continuing their work in Sandersville, eventually building this site to its full potential of 230 MW as we work toward our 2023 year-end
CleanSpark sees increases in hashrate and Bitcoin balance throughout September
The Bitcoin mining firm mined 448 Bitcoin in September, up 13% from the previous month, and saw a hashrate of 4.16 exa has (EH) per second, up 21% from August 2022
CleanSpark ratchets up bitcoin mining hashrate 30% in less than a month
Hasharate determines how much bitcoin a company mines
CleanSpark inks deal to acquire turnkey bitcoin mining facility in Georgia
The sustainable bitcoin mining and energy technology company said the transaction is expected to add 1.4 exahashes per second (EH/s) to CleanSpark’s hashrate before year-end and 7.0 EH/s by the end of 2023
CleanSpark buys 10,000 more latest generation bitcoin mining machines; extends summer of acquisitions
CleanSpark has more than 40,000 bitcoin mining machines in operation, with a daily production high of 14.9 bitcoins
CleanSpark mines 395 Bitcoin in August as hashrate ramps up
For the year, the company has mined 2,642 Bitcoin to date, and its total BTC holdings as of August 31 were 526
CleanSpark hashrate exceeds three exahashes following summer of acquisitions
CleanSpark now has three fully-owned and operated facilities, more than 31,000 bitcoin mining machines operational, and a daily production high of 13.25 bitcoins
CleanSpark closes acquisition of bitcoin mining facility in Georgia
The sustainable bitcoin mining and energy technology company said the site is expected to add 2.6 exahashes per second (EH/s) to CleanSpark’s hashrate once all 86 megawatts (MW) of predominantly carbon-free power is fully operational in 202
CleanSpark sees its 3Q revenue soar 243% to $31M on Hashrate and Bitcoin mining boost
“Despite macroeconomic headwinds, our results demonstrate the resiliency of our strategy, and we expect to grow in what is otherwise a bear market,” CleanSpark CEO Zach Bradford said
CleanSpark enters definitive agreement to acquire an active bitcoin mining facility located in Washington, Georgia, for $16.2M
The company said it has also purchased approximately 3,400 of the latest generation Antminer S19 series of machines for approximately $8.9 million
CleanSpark expands bitcoin mining capacity by over 90 petahashes with recent machines acquisition
The company's computing power has increased by 47% over the last six months, while its monthly bitcoin production has grown 50% in the same period
CleanSpark says bitcoin production for the month ending June 30, 2022, was 339
CleanSpark also pointed out that it is one step closer to being a pure-play bitcoin miner after achieving the important milestone last month of exiting its energy switchgear business
CleanSpark acquires contract for top bitcoin mining machines; partners with TMGcore to expand immersion-cooled operations
“Our infrastructure-first approach has given us substantial opportunities in the face of ever-changing market conditions, ultimately positioning us to deliver incredible value to our shareholders as we continue the important work of securin
CleanSpark reports four-fold increase in fiscal 2Q revenue to $41.6M
"The theme for this quarter has been operational and financial execution," CleanSpark CEO Zach Bradford said
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CleanSpark reports monthly production of 313 bitcoin in April 2022,with calendar year production at 1,211
The company said it fully funded growth and operations through the sale of 285 bitcoins in April 2022 at an average of approximately $41,764 per bitcoin
CleanSpark partners with Sustainable Bitcoin Standard to boost clean bitcoin mining
The bitcoin mining and energy technology company said Sustainable Bitcoin Standard provides miners and investors with transparent and verifiable ‘Proof of Sustainable Mining’ certificates
CleanSpark says it has finalized $35 million in non-dilutive financing from Trinity Capital
The company said the three-year equipment financing agreement is backed by 3,336 new S19j Pro miners and carries an annual interest rate of 9.9%
CleanSpark among Top 50 fastest-growing companies, according to the FT
“Accolades like this confirm what our team has known for a long time-we're making a name for ourselves as a leading North American sustainable bitcoin miner,” CEO Zach Bradford said
CleanSpark reports monthly production of 318 bitcoin in March 2022, while daily production reached a high of 10.57 in the month
For the calendar year-to-date production ending March 31, 2022, the company said it produced 898 BTC and had total BTC holdings of 420 as of that date
CleanSpark poised to boost bitcoin mining with Lancium power agreement
50 MW of the purchased capacity is expected to be operational by the end of this year, while the remaining 150 MW will be fully operational during spring, 2023, the company said
CleanSpark reports record 1Q fiscal 2022 financial results
The sustainable Bitcoin mining and energy technology company reported it made $14.5 million in net income during the quarter ended December 31, 2021
CleanSpark establishes scholarship at Gwinnett Technical College as part of community commitment
CleanSpark expects to invest $145 million in capital improvements and jobs at its Norcross facility in Gwinnett County over the next five years
CleanSpark achieves major milestone at 2 EH/s hashrate
"We believe we are one of the most efficient miners in terms of hashrate per megawatt and we are on track to maintain that,” CEO Zach Bradford said
CleanSpark says it closed December with 633 Bitcoins
The company said it added 500 PH/s of processing power in three weeks of December, a 38% increase to its hashrate
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CleanSpark marks its one-year anniversary of sustainable Bitcoin mining
“Our goal is to drive the adoption of clean and energy-efficient bitcoin mining while delivering value to our shareholders and communities we operate in,” CEO Zach Bradford said
CleanSpark reports strong strong fourth-quarter and full-year revenue growth as it announces new CFO
For the three months ended September 30, 2021, CleanSpark reported revenue of $27.1 million, an increase of $25.15 million, or nearly 1,300%, from $1.95 million for the same prior-year period
CleanSpark adds new immersion cooling infrastructure at its Norcross bitcoin mining facility that will increase efficiency
The 20 megawatt project will consist of 180 liquid-filled tanks, each containing 33 units of the Antminer S19j Pro machines, fully immersed in a proprietary cooling liquid
CleanSpark buys more bitcoin mining machines; says spot market pricing is favorable
The company said the new S19 machines will increase its hashrate by over 250 peta hashes per second (PH/s), a nearly 20% improvement from its current hashrate
CleanSpark closed October with 720 Bitcoins
The company will release its Bitcoin operation and production data every month to set new standards of transparency in the cryptocurrency mining industry
CleanSpark set to add new bitcoin mining machines as the cryptocurrency hits an all-time high
The company estimates the purchase will increase its sustainable bitcoin mining capacity by an additional 225 quadrillion ‘peta’ hashes per second (PH/s)
CleanSpark uses its mined bitcoin to fund 4,500 newest generation miners
The delivery of the new Antminer S19 bitcoin mining machines, amounting to an additional hashrate of 450 PH/s, brings the total number of miners slated for delivery over the next 12 months to 24,580
CleanSpark transitions all of its bitcoin mining power to Foundry USA Pool
Foundry USA Pool is the first North American cryptocurrency mining pool that pays its users without relying on an external party, guaranteeing stable, risk-free payouts
Water Tower Research says CleanSpark ‘well-positioned to capitalize’ on microgrid market growth while scaling its Bitcoin mining operations
'It offers a differentiated, vendor agnostic software and hardware solution that provides significant ROI for customers,' analysts said
CleanSpark working with Partnership Gwinnett as it announces $145 million investment into the Georgia county
In August, the firm closed on the acquisition of the 87,000 square foot, seven acre, data center in Norcross, Georgia
CleanSpark introduces smart residential microgrid with mobile app to Californians
Designed for homes and small businesses, mVoult is built off of the same platform as CleanSpark's existing mPulse product
CleanSpark posts results for three and nine-month periods ended June 30, 2021, showing very strong revenue growth and a big boost to working capital
For the three months ended June 30, 2021, the company reported revenue of $11.9 million, an increase of $8.5 million, or 250%, from $3.4 million for the same prior-year period
CleanSpark closes acquisition of an additional nearly 87,000 square foot data center in Georgia, substantially increase its Bitcoin mining operation
The $6.55 million purchase of the former Sprint/Nextel data center situated on over 7 acres in Norcross, Georgia closed on August 6, 2021
CleanSpark updates on a number of strategic initiatives related to its Bitcoin and Energy business units
The company said CleanBlok, its Bitcoin mining division, now has over 7,500 of the latest generation mining units deployed with a hashrate capacity of over 740 PH/s, currently producing approximately 6 Bitcoin per day
CleanSpark strikes agreement with ESG-focused crypto miner Coinmint
CleanSpark and Coinmint are to collaborate on Bitcoin mining zero-carbon solutions and equipment deployment
CleanSpark updates performance of newly commissioned Southern California microgrid
Once the energy systems were deployed, a 75-80% reduction in monthly energy costs was realized by the customer during the first month of operation
CleanSpark joins the Russell 2000 Index; appoints blockchain expert Bernardo Schucman as senior vice president
The company's stock will be added to the Russell 2000 Index at the market open on June 28, 2021
CleanSpark expands agreement with Pioneer Power Solutions, joins industry grouping
Pioneer Power has been granted expanded rights to utilize CleanSpark’s proprietary software products, including mPulse and GridFabric’s OpenADR solutions
CleanSpark partners with wind turbine tech company FlowGen for efficient renewable energy generation
CleanSpark believes that by blending its software and controls technologies with FlowGen's wind-centric microgrid solutions it will enable the two companies to deliver reliable, efficient and resilient systems to their collective customer b
CleanSpark completes purchase of six-acre property which houses ATL Data Centers and the data center building
Obtaining ownership of the property will save the company over $50,000 per month in rent resulting in a reduction of overhead and expenses by more than 20% in our mining segment
CleanSpark wins praise for its solar micro grid system at Mexican resort; Solar Watt Solutions subsidiary inks California partnership
ILA CEO Roberto Valdes, whose firm is using CleanSpark's solar-plus-storage power solutions at its Plaza Bajamar development in Baja California, called the company 'an ideal partner'
CleanSpark buys modern Bitcoin mining rigs to increase mining rate and energy efficiency
The company will swap the new rigs in for old ones, which it expects to increase production by half a bitcoin per day while saving 1 MW in energy consumption
CleanSpark reports $7.4M in 2Q net income on rising revenues from expanded sales and marketing initiatives for its energy business
For three months ended March 31, the company marked revenue of $8.1 million, a year-over-year increase of 122%
CleanSpark says microgrid contracts surge by 220% in two months to more than $23.5 million
The company also said it produced more than 144 Bitcoins during the quarter that ended on March 31, 2021
CleanSpark adds another 22,860 Bitcoin mining rigs to boost production capacity
The comopany expects that it will be able to increase its total mining production capacity to over 3.2 EH/s once the rigs are delivered
CleanSpark buys 4,778 more Bitcoin mining rigs, works toward carbon-free mining
The company said it expects to receive 1,298 of the units for deployment this summer and the remaining 3,480 units in twelve equal monthly shipments beginning in November
CleanSpark implements more than $1.7M in new contracts following its acquisition of Solar Watt Solutions
The company said it has executed more than 50 new contracts for residential microgrids and battery energy storage solutions in less than one month
CleanSpark launches underwritten public offering to expand cryptocurrency portfolio and infrastructure
Proceeds from the offering will also be used to further development of its mVoult product lines, as well as acquisitions or strategic investments in complimentary businesses
CleanSpark purchases an additional 1,150 Bitcoin mining rigs, targets 1.3 PH/s by summer's end
The company has now secured a total of 3,650 miners, or 318 Petahashs per second (PH/s) of additional Bitcoin mining capacity, during the past two weeks
CleanSpark to add 2,500 more Bitcoin mining rigs and expand operations
The order, along with the company's current mining fleet, is expected to bring its total hash rate up to an estimated 533 Petahashs per second (PH/s)
CleanSpark completes acquisition of solar and energy-storage developer Solar Watt Solutions of Southern California
The stock-and-cash acquisition is expected to immediately expand and accelerate CleanSpark's residential initiative by integrating an experienced energy storage and solar sales and installation team
CleanSpark unveils mVoult residential energy management solution for homeowners
Designed for home microgrids, mVoult is capable of directing the operations of both existing and new energy assets
CleanSpark doubles up fiscal 1Q revenue, continues to build bitcoin mining operation
The company reported revenue of nearly $2.3 million, well above the $920,000 it brought in during the same period a year earlier
CleanSpark updates on Bitcoin mining operations, expects to further increase its Petahash rate in February, beyond prior projections
Prior to the end of February, the company said it expects to have in excess of 315 Ph/s of Bitcoin mining capacity deployed which will represent a greater than 65% increase in mining capacity since the December 10, 2020 acquisition
CleanSpark receives a new purchase order from a Houston, Texas-based microgrid developer
The end-use customer is the world's largest retail chain, operating more than 11,500 locations worldwide
CleanSpark subsidiary GridFabric completes OpenADR certification for electric vehicle charging company KIGT
CleanSpark said Open ADR certification will enable KIGT to enter new markets
CleanSpark releases suite of enhancements to mVSO energy modeling software
The latest release includes enhancements to the customer-facing reports and financial analyses as well as redesigned report interfaces to provide better graphics and tables
CleanSpark produced just over 56 Bitcoins in last 40 days since its acquisition of ATL Data Centers last month
Mining revenue thus far for fiscal year 2021 has exceeded $1.6 million based on the daily price of Bitcoin on the date they were mined
CleanSpark and partner to deliver commercial microgrid to medical facility in Orange County, California
The contract features a 100kw rooftop and carport solar with 30kw/70kw battery as well as CleanSpark's patented mPulse controller that will optimize solar storage resources for significant cost savings
CleanSpark to design microgrid for California homeowner plagued by frequent power outages
It will deliver energy modeling, analytics, and implementation of storage and controls for a microgrid designed to function in addition to or disconnected from the utility
CleanSpark shares power up as it teams up with Bay Area Energy Solutions for luxury California residential project
This first contract, hoped to be the one of many, is to provide an off-grid solution for a 14,000 square foot (sq ft) estate, which is currently being built
CleanSpark earns $873K in Bitcoin mining revenue since December 10
Bitcoin prices escalated to as high as $34,366 over the holiday weekend
CleanSpark outlines its 2021 growth plans as it ramps up Bitcoin mining operations
CleanSpark said it is aggressively seeking new acquisition opportunities and plans to identify partnerships and product enhancements to expedite its growth
CleanSpark, Inc. secures an additional 1,000 ASICs Bitcoin miners, slated for delivery and commissioning in the coming month
This order, when paired with the 500 ASICs announced last week and installation of the new S19s, is expected to increase the company's mining capacity by more than 100 PH/s to approximately 300 PH/s.
CleanSpark earns 10 Bitcoins to add nearly $200K in revenue a week after acquiring crypto miner ATL Data Center
The Utah firm purchased ATL Data for up to $19.4 million in stock as an opportunity to deploy its patented microgrid software and controls at the Atlanta data center location to increase power capacity, energy savings, and resiliency
CleanSpark announces a 122% jump in 2020 revenue, a triple-digit increase for the third consecutive year
CleanSpark also saw its gross margin for the year increase by 21.1% as its net loss improved significantly
CleanSpark announces deal to buy Bitcoin miner ATL Data Centers for up to $19.4 million in stock
The company said the acquisition will provide a profitable, full-scale demonstration facility to show it can maximize energy efficiency and integrate renewables into power-intensive applications
CleanSpark says subsidiary GridFabric finalizes OpenADR certification for EV-fleet charging firm Electriphi
Electriphi's charging management platform has now been added to the official list of OpenADR certified products
CleanSpark finds a pair of new VPs in former Zappos counsel Rachel Silverstein and Molekule exec Owen Cadwalader
Silverstein, who was named VP of compliance and general counsel, is a former corporate counsel
CleanSpark becomes Platinum Sponsor for upcoming Microgrid Knowledge 2020 Global Conference
Participants are expected to represent utilities, developers, and policymakers interested in microgrids and advanced distributed energy solutions
CleanSpark announces two new electric vehicle contracts for subsidiary GridFabric software subscriptions
The contracts were executed through CleanSpark's subsidiary GridFabric, which creates software solutions that help power utilities and IoT (Internet of Things) products that manage energy loads
CleanSpark reports fourth consecutive year of record-breaking annualized revenues, reaffirms 2021 gross revenue target
The company said preliminary unaudited revenue for its fiscal year ended September 30, 2020, was in excess of $10.0 million, representing a 222% increase on 2019 fiscal year-end results
Cleanspark positioned to ride the microgrid wave with its intelligent software, says Water Tower Research
CleanSpark’s software and hardware are vendor agnostic and can connect and communicate with any components of a microgrid regardless of brand, the firm noted
CleanSpark reveals award of $370,000 order for its intelligent automatic transfer switch (ATS) switchgear
The intelligent switchgear is used to automatically transfer power supply from a primary source to a backup source when it senses a failure or outage, thus assuring uninterrupted power
CleanSpark subsidiary p2klabs wins $1M contract extension from LAWCLERK.LEGAL
p2k has been involved from concept to execution in the development of LAWCLERK's platform
CleanSpark prices $40M public offering at $9 a share
The firm will issue more than 4.4 million shares in the offering, which is expected to close on October 9
CleanSpark jumps into EV charging station space with new subsidiary GridFabric
GridFabric's protocol allows EV charging companies and their customers to communicate directly with the utilities, which gives utilities additional information to better manage power distribution to the grid
CleanSpark cheers new Federal Energy Regulatory Commission order to help the microgrid compete and work with traditional power utilities
The National Law Review concluded that 'FERC's new rules could prove to be a disruptive and transformative change to electric utilities and the electric industry broadly'
CleanSpark receives contract to provide intelligent switchgear upgrades and support for a US Embassy located on the African continent
Under the agreement, the diversified software and services company will service the paralleling switchgear controls at the Embassy for a term of 5 years including upgrades to the equipment
CleanSpark says software commissioned for new solar plus storage microgrid project in Central America featuring Tesla PowerPack 2 battery
The company said it is partnered with an energy developer to deploy this unique solution for Micro Technologies SA, a major international assembly and manufacturing company
CleanSpark wins contract for multiple units of its intelligent switchgear equipment from energy development partner in Houston
The two companies have now collaborated on over 100 unique microgrid projects for which CleanSpark has provided its custom intelligent switchgear
CleanSpark deploys its microgrid mPulse software in Costa Rica
Located on an industrial equipment retail facility in San Jose, the project utilizes the mPulse controller to coordinate all aspects of the system and improve overall performance
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CleanSpark completes strategic acquisition of energy software firm GridFabric
GridFabric creates software solutions that help power utilities and Internet of Things (IoT) products that manage energy loads
CleanSpark inks microgrid development agreement with International Land Alliance
CleanSpark will provide microgrid power solutions to more than 400 residential resort properties
CleanSpark shares jump as it forges exclusive partnership with one of the largest energy developers in Costa Rica
Costa Rica has one of the cleanest electric matrixes in the world and in 2018 produced 98.6% of its energy from renewable sources
CleanSpark triples revenue in fiscal 3Q and raises guidance for multiple segments
The company posted revenue of $3.4 million, an increase of 181% year-over-year
CleanSpark wins contract to provide controls and storage for commercial microgrid in Southern California
The Utah-based company expects to realize in excess of $300,000 in initial revenues from the project as well as a long-term software subscription
CleanSpark launches partnership program to accelerate growth
Participating partners will have access to the company’s mVSO energy project modeling software, proposal support, and co-marketing suite of services
CleanSpark and ReJoule awarded $2.9M second-life electric vehicle battery grant with support from Ford
CleanSpark expects to receive around $470,000 from the funding for its microgrid design and mVSO software services
CleanSpark adds enhanced features and modeling tools to its microgrid Value Stream Optimizer (mVSO) software
mVSO is a SaaS-based product used by companies to model the ideal mix of distributed energy assets to deliver cost savings, energy resiliency and sustainability
CleanSpark deploys mPulse software on off-grid installation system in California City
CEO Bradford said the Utah-based company expects to see revenues and margins improve as its mPulse software deployments increase
CleanSpark upgrades its proprietary Microgrid Value Stream Optimizer software
CleanSpark’s mVSO platform is used by microgrid developers to efficiently create money-saving energy proposals for their client projects