CLSK CleanSpark

CleanSpark Announces July 2022 Bitcoin Mining Update

CleanSpark Announces July 2022 Bitcoin Mining Update

CleanSpark hit its all-time-high of 13.25 BTC mined per day while monthly production increased by over 13%

LAS VEGAS, Aug. 03, 2022 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America’s bitcoin miner, today released its unaudited bitcoin mining and operations update for the calendar year-to-date ending July 31, 2022. 

Bitcoin Mining & Operations Update (unaudited)

  • Bitcoin mined in July: 384
  • Calendar year-to-date bitcoin mined: 2,247 
  • Total BTC holdings as of July 31: 519
  • Total BTC converted for operations and growth in July: 426
  • Currently deployed fleet of approximately 30,450 latest-generation bitcoin miners with a total hashrate of 2.9 EH/s 

CleanSpark fully funded growth and operations through the sale of 426 bitcoins in July 2022 at an average of approximately $20,768 per BTC. Sales of BTC equated to proceeds of approximately $8.8 million. July daily BTC mined reached a high of 13.25.

About CleanSpark 

CleanSpark (NASDAQ: CLSK) is America’s bitcoin miner. Since 2014, we’ve helped people achieve energy independence for their homes and businesses. In 2020, we began applying that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. 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. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. CleanSpark is a Forbes 2022 America's Best Small Company and holds the 44th spot on the Financial Times' List of the 500 Fastest Growing Companies in the Americas. For more information about CleanSpark, please visit our website at . 

Investor Relations Contact

Matt Schultz

 

Media Contacts 

Isaac Holyoak                                           

BlocksBridge Consulting

Nishant Sharma



Isaac Holyoak
CleanSpark, Inc.
702-989-7694
 
EN
03/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CleanSpark

 PRESS RELEASE

CleanSpark to Acquire Turnkey Bitcoin Mining Facilities for $9.3M in A...

CleanSpark to Acquire Turnkey Bitcoin Mining Facilities for $9.3M in All-cash Deal The facilities will host some of the most power-efficient miners on the market, from orders paid for earlier this year LAS VEGAS, June 21, 2023 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two turnkey bitcoin mining campuses located in Dalton, Georgia, for a cash payment of $9.3 million. The facilities are expected to add just under 1 exahash per second (EH/s) to CleanSpark’s hashrate shortly after the de...

 PRESS RELEASE

CleanSpark Announces Participation at Upcoming Investor Conferences th...

CleanSpark Announces Participation at Upcoming Investor Conferences this Summer LAS VEGAS, June 13, 2023 (GLOBE NEWSWIRE) -- (Nasdaq: CLSK), America’s Bitcoin Miner™, today announced that Executive Chairman Matthew Schultz and Chief Financial Officer Gary Vecchiarelli will meet with investors and present at conferences this summer to discuss the Company’s operational efficiency and growth strategy.   Details of the events are as follows:   2023 Cantor Tech Conference June 14 to 15, 2023 New York, NY CleanSpark Executive Chairman Matthew Schultz  Panel Presentation: Resilience of Bi...

 PRESS RELEASE

CleanSpark Releases May 2023 Bitcoin Mining Update

CleanSpark Releases May 2023 Bitcoin Mining Update The Company’s bitcoin holdings grew 44%; Bitcoin mined increased 16% in May, to 609 BTC LAS VEGAS, June 02, 2023 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2023.  “We achieved a significant milestone during the month of May,” said Zach Bradford, CEO. “Not only do we continue to increase the amount of bitcoin in our treasury, but we also surpassed $100 million in revenue for our fiscal year to date. Importan...

 PRESS RELEASE

CleanSpark Buys 12,500 Antminer S19 XP Bitcoin Miners for $40.5M

CleanSpark Buys 12,500 Antminer S19 XP Bitcoin Miners for $40.5M Total hashrate of deployed machines and those under contract for delivery now exceeds CleanSpark’s year-end guidance of 16 EH/s LAS VEGAS, June 01, 2023 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, today announced a purchase of 12,500 brand-new units of the Antminer S19 XP bitcoin mining machine for a total price of $40.5 million, or $23 per terahash ($/TH), which is lower than the  average market price. The Antminer S19 XP units have a power-efficiency rating of 21.5 joules per terahash ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch