CleanSpark


Videos

CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?

Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new head John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal.

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Finance

Bitcoin Miner CleanSpark Builds 50MW Additional Mining Capacity at Georgia Site

The mining firm will increase its computing power by 25% to 34% after the U.S. site goes online.

Work is underway for CleanSpark's expansion in Washington, Georgia. (CleanSpark)

Finance

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%

The miner cited delays in building out a mining facility by one of its partners, Lancium.

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner CleanSpark Buys Another Batch of Mining Machines

The company has acquired more than 26,500 rigs and 116 MW of facilities in recent months.

CleanSpark's immersion-cooled bitcoin miners at a site in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%

The company now sees year-end computing power at 5.5 exahash per second, up 10% from the previous outlook.

CleanSpark's immersion-cooled bitcoin miners at a site in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner CleanSpark to Buy Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M

The deal has potential to increase CleanSpark’s hashrate to 5.2 EH/s by the year-end, exceeding the company’s previous guidance.

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)

Videos

CleanSpark Exec on ‘Secret’ to Expanding in Bear Market

Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new mining rigs for $28 million after credits and discounts, a significant markdown from the manufacturer’s listed price. CleanSpark Chief Financial Officer Gary A. Vecchiarelli discusses his “secret” to expanding during a bear market and the impact of the market downturn on miners.

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Finance

Bitcoin Miner CleanSpark Buys 10K New Machines for $28M After Discounts, Credits

The company has been taking advantage of opportunities to expand in the bear market.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Finance

CleanSpark Raises Year-End Hashrate Guidance, Sets 2023 Outlook

The miner suffered a $29.3 million loss for the fiscal quarter, partly driven by the previously disclosed decision to sell its energy assets.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Finance

Bitcoin Miner CleanSpark Buys 36MW Facility and 3,400 Machines in Georgia for $25.1M

The Las Vegas-based company continues to look for growth in a market ripe for mergers and acquisitions.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

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