BRIEF-CleanSpark Provides Updates On Bitcoin Mining And Energy Operations

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BRIEF-CleanSpark Provides Updates On Bitcoin Mining And Energy Operations

Reuters2021-08-03

Aug 3 (Reuters) - CleanSpark Inc :

* CLEANSPARK PROVIDES UPDATES ON BITCOIN MINING AND ENERGY OPERATIONS

* CLEANSPARK - CLEANBLOK NOW HAS A HASHRATE CAPACITY OF OVER 740 PH/S, CURRENTLY PRODUCING ABOUT 6 BITCOIN PER DAY AT TODAY'S DIFFICULTY RATES

* CLEANSPARK INC - ANOTHER 1,670 UNITS, CAPABLE OF PRODUCING ABOUT 1.4 BITCOIN/DAY, HAVE JUST BEEN RECEIVED AND ARE EXPECTED TO BE INSTALLED THIS MONTH

* CLEANSPARK INC - UPON DEPLOYMENT OF UNITS SCHEDULED FOR DELIVERY IN LATE AUGUST, CO EXPECTS TO EXCEED A HASHRATE CAPACITY OF 1.0 EH/S

* CLEANSPARK - WITH BITCOIN PRICE OF $40,000, 1.0 EH/S WOULD RESULT IN ANNUAL RUN RATE OF $136 MILLION OF REVENUE IN MINING SEGMENT ALONE

* CLEANSPARK INC - EXPECTS TO APPROACH 2.0EH/S BY CLOSE OF CALENDAR 2021, AND 3.2EH/S BY END OF SEPTEMBER 2022

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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