Zach Bradford, Stated CleanSpark’s CEO, “We continue to aggressively strive for the growth of our hash speed capacity and expect to reach 1 to 1.3 EH / s in total production capacity this summer.” Time is money “in this sector, and these orders allow us to immediately put 30 MW of increased power into use as soon as it goes online.” Bradford continued: “The availability of low-cost energy for bitcoin mining facilities will be a limiting factor for the industry as it grows. Cryptocurrency mining operations will also be subject to increased scrutiny of the sources of the incredible amount of power required for successful execution and they will need to ensure that there is a continuous focus on using clean energy sources to mitigate these problems. its focus on responsible energy solutions since the initial stages of the ATL acquisition.Currently, the municipality that supplies our power is largely supported by a wholesale supplier that reports 69% emission-free power supply, and plans to incorporate additional renewable energy sources on site in the near future. In addition to maximizing energy use in our existing facilities We are targeting additional locations that offer access to abundant, low-cost facilities, with an emphasis on locations supported by clean energy sources and giving us the opportunity to integrate our own solutions for renewable energy on site. “
CleanSpark’s goal is to operate the smallest energy costs Bitcoin mining facilities on a large scale in the country. The company expects to achieve this not only by securing advantageous power purchase agreements but also by utilizing its patented energy solutions.
Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the company directly at [email protected] or visit the company’s website at www.cleanspark.com.
CleanSpark, Inc., a Nevada Corporation, works to provide advanced software, controls and technical solutions to solve modern energy problems. CleanSpark has a set of software solutions that provide modeling of microgrids, micromarket communications and energy management solutions. CleanSpark’s offerings consist of intelligent energy monitoring and control, intelligent software for microgrid design, intermediate communication protocols for the energy industry, energy system technology, customized hardware solutions, installation and implementation of microservices, traditional data center services and software consulting services.
The company and its subsidiaries also own and operate a class of Bitcoin miners at their facilities that can produce an estimated 315 PH / s of hash capacity. The hash speed capacity is expected to increase to over 1 EH / s in mining capacity in 2021. CleanSpark plans to apply its energy technology to these divisions with the goal of mining bitcoins at the lowest energy prices in United States. For more information visit https://ATL-DATA.com
CleanSpark warns you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on CleanSpark’s current beliefs and expectations. The introduction of forward-looking statements should not be construed as a perception by CleanSpark that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainty of our business, including, without limitation: equipment delivery delays, the value of Bitcoin, successful use of energy solutions for bitcoin applications, training of our energy hardware, software and other solutions for this particular application or market, the expectations of future revenue growth can not be realized, ongoing demand for our software products and related services, the effects of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in our previous press releases and in our application to the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our annual report on Form 10-K and any subsequent notifications to the SEC. Please feel free to rely on these forward-looking statements, which only speak from this date, and we do not undertake to revise or update this press release to reflect events or circumstances after that date. All forward-looking statements are fully qualified by this warning statement, which is made in accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
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SOURCE CleanSpark, Inc.