We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations of realizing the benefits of 9.3 EH/s of operating hashrate, achievement and timing of reaching our target guidance of 16 EH/s, the expansion and timing of such expansion of the bitcoin mining facilities in Sandersville, Georgia, and the resulting anticipated benefits to CleanSpark (including as to anticipated additions to CleanSpark's hashrate and the timing thereof). Visit our website at Forward-Looking Statements We cultivate trust and transparency among our employees and the communities we operate in. Our infrastructure responsibly supports Bitcoin, 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. For more information, please call (212) 371-8300 or visit About CleanSparkĬleanSpark (Nasdaq: CLSK) is America's Bitcoin Miner™.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.Company Presentation: Executive Chairman Matthew Schultz and Chief Financial Officer Gary A. Vecchiarelli.For more information, visit 26 th Annual Needham Growth Conference ( New York), January 16 - 19, 2024.Fireside Chat: CEO and President Zach Bradford.Interested investors can access CleanSpark's presentation beginning September 15, 2023, by visiting the events page on CleanSpark's website at AIM Summit ( Dubai), October 30 - 31, 2023.Company Presentation: Executive Chairman Matthew Schultz and CFO Gary A.The expansion itself is 150MW and is expected to house 45,000 miners. Once finished, the site will be home to 230MW of the most efficient bitcoin mining machines available, making it one of the largest bitcoin mining data centers in the southeastern United States. Materials are arriving on site daily and all ten data centers are expected to be completed later this year. Concrete has been poured for Building 1, and construction on subsequent buildings begins this week. Construction is underway at the Company's newest expansion in Sandersville, GA. August daily BTC mined averaged 21.26 and reached a high of 22.11. Sales of BTC equated to proceeds of approximately $1.2 million. The Company sold 43 bitcoins in August 2023 at an average of approximately $28,200 per BTC. Total BTC holdings as of August 31: 1,677.That operational prowess has resulted in what we expect is among the best monthly bitcoin production rates of publicly traded miners in North America." "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.
Clean spark earnings full#
"August was another banner month for CleanSpark as the 50MW expansion in Washington saw its first full month at maximum operational hashrate, delivering some of our highest daily production ever," said CleanSpark CEO Zach Bradford. "August was another banner month for CleanSpark," said CEO Zach Bradford.
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