![]() ![]() ![]() The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. These statements are based on CleanSpark's current beliefs and expectations. For more information, visit: ĬleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. Capacity is expected to increase to over 5,900 ASIC and 300 PH/s in mining capacity by early 2021. The Company also owns and operates a fleet of over 3,400 ASIC (application-specific integrated circuit) Bitcoin miners producing over 200 PH/s in mining capacity. Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services. We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. Investors are encouraged to contact the Company at or visiting the Company’s website at ĬleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the Company directly at or visiting the Company’s website at Story continues All of this is to swiftly move towards our goal of mining bitcoins at the lowest energy cost in the United States.” We will continue to provide periodic updates as we make additional progress on our expansion plans with the intention of increasing production at our Atlanta facility from the current approximately 15 MW to more than 50 MW. We anticipate completion of our near-term expansion within the coming weeks adding 1,500 more ASICs miners in January. ![]() As prices fluctuate, the Company’s focus is on the variables within our control such as expanding the fleet of miners, and maximizing the renewable energy usage. We anticipate that as we scale up our deployment of energy assets and software, we can decrease our total cost per coin to even lower levels. Conservatively, based on our all-in costs including energy, rent, personnel and overhead the Company can realize a profit whenever Bitcoin values are above $6,000 per coin. Zach Bradford, CEO of CleanSpark commented, “We believe in taking a big-picture approach in how we view Bitcoin values with a focus on profitability. ![]()
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