We cultivate trust and transparency among our employees and the communities we operate in. , the world's most important digital commodity and an essential tool for financial independence and inclusion. We own and operate data centers that primarily run on low-carbon power. The 25th Annual Needham Growth Conference is open to clients of Needham & Company by invitation only. Needham & Company's flagship conference is one of the country's largest growth stock investing events, with over 375 companies participating in 2023. , by visiting the events page on CleanSpark's website atįireside Chat: CEO and President Zach BradfordĪnd Chief Financial Officer Gary A. Vecchiarelli Interested investors can access CleanSpark's presentation beginning The conference is open to clients of Needham & Company by invitation only.įor more information, please call (212) 371-8300 or visit The utility has informed the Company that it expects to complete the substation in 2023, but the related power-line project that connects to the substation is expected to push into early 2024, after which time miners will be promptly energized to achieve CleanSpark's target of 16 EH/s of operational hashrate.Įxpansion, including recent photos, are available (MEAG) has been constructing a 200MW substation and related infrastructure that will power theĮxpansion. The expansion itself is 150MW and is expected to house 45,000 miners.Ĭoncurrently, the Municipal Energy Authority of Mining machines available, making it one of the largest Once finished, the site will be home to 230MW of the most efficient Materials are arriving on site daily and all ten data centers are expected to be completed later this year. August daily BTC mined averaged 21.26 and reached a high of 22.11.Ĭonstruction is underway at the Company's newest expansion inĬoncrete has been poured for Building 1, and construction on subsequent buildings begins this week. Sales of BTC equated to proceeds of approximately Production rates of publicly traded miners in That operational prowess has resulted in what we expect is among the best monthly "What's more, we have carefully managed power to achieve substantially high levels of uptime in August, despite historically high levels of rain and very hot weather. Saw its first full month at maximum operational hashrate, delivering some of our highest daily production ever," said CleanSpark CEO "August was another banner month for CleanSpark as the 50MW expansion in
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