We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for completion of the acquisition Mawson’s bitcoin mining facility, the resulting anticipated benefits to CleansSpark (including as to anticipated additions to CleanSpark’s hashrate and the timing thereof) and plans to expand the facility. For more information about CleanSpark, please visit our website at Forward-Looking Statements CleanSpark is a Forbes 2022 America’s Best Small Company and holds the 44th spot on the Financial Times’ List of the 500 Fastest Growing Companies in the Americas. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. 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 began applying 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. A fourth fully owned and operated campus in Sandersville, GA, will join the CleanSpark ranks when the acquisition is completed in early October and is expected to add 1.4 EH/s to the Company’s hashrate before year end.ĬleanSpark maintains its 2022 year-end guidance of 5 EH/s and expects to meet its 2023 year-end guidance of 22.4 EH/s, an achievement that would make it one of the largest publicly traded bitcoin miners in the world.ĬleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. We are building the groundwork for significant acceleration when we eventually emerge on the other side of these extraordinary market conditions.”ĬleanSpark has three fully owned and operated facilities, more than 41,000 bitcoin mining machines operational, and a daily production high of 16 bitcoins. “All bear markets eventually end, and this one is no different. “Our rapid growth clearly indicates where our heads are in terms of market dynamics,” said Matthew Schultz, CleanSpark’s executive chairman. In addition to being a technology that we believe will revolutionize our monetary system, Bitcoin is also a technology capable of revolutionizing our energy systems, making them more resilient, abundant, and clean.” No other industry can do this like Bitcoin. "Bitcoin mining, when done with an eye toward low-carbon energy sources, can hasten the decarbonization of our economy. "We are proud to bring so much clean energy-backed infrastructure onto the Bitcoin network, and I am grateful to the operational teams that have made this growth possible,” said Zach Bradford, CEO.
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