We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. CleanSpark holds the 44th spot on the Financial Times' 2022 List of the 500 Fastest Growing Companies in the Americas and ranks thirteenth on Deloitte’s Fast 500. For more information about CleanSpark, please visit our website at Forward-Looking Statements 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. In 2020, we transitioned that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Since 2014, we’ve helped people achieve energy independence for their homes and businesses. Additional updates about the expansion are posted from time-to-time on the Company’s Twitter feed, CleanSparkĬleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. The planned expansion will add over 6 EH/s to CleanSpark’s mining operations. Crews are making headway in prepping the land for the Company’s expansion at its Sandersville site. Racking has begun and energization is expected to begin in the second half of June. Miners are arriving daily with all units expected to be at the facility by the end of the month. The 50MW expansion continues to track according to projected timelines, despite a series of rain delays that temporarily slowed down progress. May daily BTC mined averaged 19.6 and reached a high of 29.6, due to a brief period of unusually high transaction fees. Sales of BTC equated to proceeds of approximately $12.9 million. ![]() The Company funded growth and operations through the sale of 471 bitcoins in May 2023 at an average of approximately $27,400 per BTC. Currently deployed fleet of about 67,196 latest-generation bitcoin miners with a hashrate of 6.7 EH/s.Total BTC converted for operations and growth in May: 471.Since then, transaction fees have normalized.” At its peak, our bitcoin production jumped to nearly 30 bitcoins in a single day, almost double our normal daily production of about 18 bitcoins. For about five days in May, fees were elevated because of increased interest in ordinals on the blockchain. “Additionally, the amount of bitcoin we mined this month exceeded expectations, largely due to increases in operational efficiency and a brief, albeit significant, increase in transaction fees. Importantly, we achieved this milestone with the bulk of our expansion expected to come later this year. “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. “We achieved a significant milestone during the month of May,” said Zach Bradford, CEO. ![]() (Nasdaq: CLSK), America’s Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2023. You are encouraged to contact the appropriate legal authorities in the jurisdiction in which you reside to report these fraudulent scams and seek their advice as to any available remedies.LAS VEGAS, J(GLOBE NEWSWIRE) - CleanSpark Inc. The Company does not receive any funds or other benefit from these scams, and unfortunately, have no ability to assist where the public has sent funds to any entities fraudulently impersonating the Company. ![]() The Company is aware of the fact that there are numerous scams being perpetrated upon the public in India and other international jurisdictions however, these persons and entities are in no way related to Marathon Digital Holdings. Furthermore, the Company is not in the business of developing apps for consumers, nor does the Company have any consumer-facing apps. The Company does not solicit from the public for either services or its securities, and as such, the Company does not accept currency or other forms of consideration from consumers. The Company does not currently do business in India, nor does it have any current intent to do business in India in the future. laws and regulations and Nasdaq rules, and the laws and regulations in all jurisdictions in which we operate. ![]() is a U.S.-based, Nasdaq-listed public company which adheres to the highest standards of integrity, which operates in full compliance with all U.S.
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