This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. “Taylor is already making a meaningful impact on our operations and culture and we are thrilled to have him join the team,” said Zach Bradford, CEO. He holds a bachelor’s degree from Arizona State University. Monnig brings to CleanSpark eight years of experience in the bitcoin mining industry and has developed a reputation for his deep expertise in immersion-cooled bitcoin mining. The Company expects to energize the remaining miners next week.ĬleanSpark also welcomed Taylor Monnig to the company as its new Vice President of Mining Technology. Monnig was most recently Chief Operating Officer at TMGCore, where he worked to develop and commercialize technologies that support blockchain stability, growth, and sustainability. Since closing in late August, there are now over 6,000 miners online, out of the over 10,000 miners that are on site. Technical crews in Washington have worked around the clock to bring miners online. August daily BTC mined reached a high of 13.39. Sales of BTC equated to proceeds of approximately $8.9 million. The Company funded growth and operations through the sale of 388 bitcoins in August 2022 at an average of approximately $23,088 per BTC (an 11% increase over last month’s average price per BTC sold). Currently deployed fleet of over 36,800 latest-generation bitcoin miners with a hashrate of 3.4 EH/s, up 19% from July 2022 and 331% from August 2021.Total BTC converted for operations and growth in August: 388, 9% less than July 2022.Total BTC holdings as of August 31: 526.Calendar year-to-date bitcoin mined: 2,642.Bitcoin mined in August: 395, up 109% from August 2021.I’m extremely proud of our team and their tremendous work,” said Zach Bradford, Chief Executive Officer.īitcoin Mining & Operations Update (unaudited) And we are about to hire our 100th employee. We are on a trajectory to nearly double that in less than half the time it took us to get from 1 EH/s to 3 EH/s. Our hashrate has tripled over the last year. We now own and operate three campuses in Georgia. “We set out at the beginning of the year to become a top five publicly traded bitcoin mining company and with our outstanding operational performance in 2022 we can say we are now firmly in that category. 02, 2022 (GLOBE NEWSWIRE) - CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), America’s bitcoin miner, today released its unaudited bitcoin mining and operations update for the calendar year-to-date ending August 31, 2022. CleanSpark Releases August 2022 Bitcoin Mining UpdateĬompany’s hashrate exceeds 3.4 EH/s, up 19 percent from July 2022 mines 395 bitcoin for the month
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |