2 years ago
- CleanSpark produced 581 BTC from January 1st, to February 28th.
- CleanSpark continues to clasp 494 BTC aft the conversion of 253 BTC for concern operating expenses focused connected the sustainable Norcross Facility.
- The Norcross installation was expected to summation mining ratio by 20%.
CleanSpark, Inc. (Nasdaq: CLSK), a bitcoin mining and vigor institution focused connected sustainability, released their bitcoin accumulation and operations update for this twelvemonth up to February 28th successful a property release.
For February, CleanSpark mined 276 BTC worthy much than $11,738,600, portion their year-to-date accumulation is 581 BTC worthy implicit $24,710,800. Current holdings aft the conversion of 253 BTC worthy $10,766,000 for concern operations near CleanSpark with a full of 494 BTC worthy implicit $21,021,400. February reached a regular accumulation tallness of 10.15 BTC.
All 253 BTC converted for concern operations were sold for an mean of $39,740 per BTC resulting successful $10.05 million, astir of which was utilized for maturation superior expenditures astatine the company’s Norcross facility.
CleanSpark CEO Zach Bradford spoke to the sustainable goals of the Norcross installation this past December stating: “We are perpetually seeking ways to marque our operations much sustainable and productive portion achieving maximum performance. Deploying an environment-friendly cooling exertion that besides increases the economics of our bitcoin mining operations was an evident prime for us.”
The 20 MW Immersion Cooling Initiative astatine Norcross was announced December 9th, 2021. With 600 petahashes per 2nd (PH/s) powered from 5,940 fully-immersed Antminers, the expected ratio summation for this installation was 20%. The liquid utilized to chill for machines is 100% biodegradable and housed wrong 180 liquid-filled tanks with an operating capableness of 33 miners per tank.
In a abstracted press release connected March 1st, 2022, CleanSpark announced they would beryllium expanding the salaries of mining operators wrong the company. “We privation to pull the A-players with large wage and benefits,” said Matt Schultz, Chairman astatine CleanSpark. “Like the biggest tech giants, we privation to beryllium known for having beardown endowment that gets paid well.”
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