CleanSpark Inc. (Nasdaq: CLSK), a leader in sustainable Bitcoin mining, reported a successful month for its operations in August 2024.
Key Highlights:
- Increased Bitcoin Production:Â CleanSpark mined 478 Bitcoin in August, bringing the year-to-date total to 4,586.
- Hashrate Growth:Â The company’s total operating hashrate reached 22.6 EH/s by month-end, reflecting a 1.4 EH/s increase.
- Strategic Expansion:Â CleanSpark is on track to add 65 MW of data center capacity in September, including expansions in Dalton and Sandersville.
- Sustainable Operations:Â CleanSpark remains committed to environmentally-friendly mining practices utilizing low-carbon power sources.
Growth on Multiple Fronts:
CleanSpark is actively expanding its operations across several key locations:
- Dalton, GA:Â An additional 15 MW of data center capacity is expected to be operational next week.
- Sandersville, GA:Â A significant expansion of 50 MW is anticipated to be fully hashing by mid-September.
- Wyoming:Â Construction is progressing on the initial 30 MW immersion-cooled facility, and land acquisition for a second site is underway. Secured power agreements will provide a total of 75 MW for these locations.
- Tennessee:Â CleanSpark currently utilizes 50 MW through a hosting agreement with GRIID Infrastructure Inc., which will be acquired upon completion. Additionally, GRIID is constructing another 80 MW of data center capacity that will become part of CleanSpark’s infrastructure.
About CleanSpark
CleanSpark (Nasdaq: CLSK) is a US-based Bitcoin mining company focused on sustainability. Their data centers operate primarily on low-carbon power sources, making their Bitcoin production environmentally responsible. CleanSpark prioritizes transparency and community engagement while fostering financial independence and inclusion through Bitcoin mining.