Exceeds 700 bitcoin produced, a 13% acquire month over month
Achieves 42.4 exahash, a rise of 4.2% month over month
11,869 bitcoin held in treasury
LAS VEGAS, April 4, 2025 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), America’s Bitcoin Miner® (the “Firm”), at present launched its unaudited bitcoin mining and operations replace for the month ending March 31, 2025.
“We’ve remained centered on executing our technique and have constructed a robust basis for scalable development — together with the addition of almost 2 EH/s in Wyoming in March,” mentioned Zach Bradford, CEO and President of CleanSpark. “Success isn’t nearly setting bold targets; it’s about delivering outcomes via constant operational excellence. In March alone, we elevated bitcoin manufacturing by 13%, producing 706 bitcoin. With almost a gigawatt of vitality underneath contract and a sturdy development pipeline, our future is vivid. Holding almost 12,000 bitcoin in treasury, CleanSpark is well-positioned for the highway forward.”
“Whereas the just lately introduced tariffs could quickly increase industry-wide development prices, CleanSpark is well-prepared. The vast majority of our miners and infrastructure required to satisfy near-term objectives are already stateside. We imagine our benefits — together with a decrease price of capital, superior buying energy, and best-in-class operations — set us aside. These tariffs could decelerate rivals who lack our scale and resilience, however we’re assured in our capacity to take care of our momentum and lead the {industry} ahead.”
March Bitcoin Mining Replace (unaudited)
- Bitcoin produced in March: 706
- Complete bitcoin holdings as of March 31: 11,869
- Month-end working hashrate: 42.4 EH/s
- MW underneath contract: 915 MW1
- Common fleet effectivity: 17.03 J/Th
- Complete bitcoin offered in March: 14.23
- Deployed fleet: 205,412
- CY2025 bitcoin produced: 1,956
All through March 2025, the Firm’s common hashrate was 40.2 EH/s and common fleet effectivity was 17.03 J/Th, leading to a mean of twenty-two.78 bitcoin mined day by day. The only day excessive reached 23.52 bitcoin. The Firm offered 14.23 bitcoin throughout March 2025 at a mean worth of roughly $87,742 per bitcoin.
1MW consists of all contracted energy capability for wholly owned websites and excludes another non-binding preparations.
Extra Updates
Mississippi and Georgia: CleanSpark is actively increasing a number of current services throughout Mississippi and Georgia, additional strengthening its presence within the Firm’s most established markets. These initiatives embody extra immersion deployments designed to ship the identical industry-leading efficiency seen throughout the portfolio. Upon completion, these initiatives are anticipated to contribute roughly 2 EH/s to the Firm’s complete hashrate.
Wyoming: Development and commissioning proceed for the following two phases of CleanSpark’s regional enlargement venture in Wyoming. Extra computing energy of two.5 EH/s is predicted to return on-line throughout the present quarter, additional advancing the Firm’s hashrate objectives as improvement within the state progresses.
Tennessee: Growth initiatives are underway at two of CleanSpark’s information middle websites in Tennessee, powered by a mixed 60 MW. These initiatives are anticipated so as to add almost 4 EH/s to the Firm’s complete processing energy — representing a virtually 10% improve in present manufacturing. Each websites will take part within the Tennessee Valley Authority’s (TVA) demand response program, reinforcing CleanSpark’s dedication to vitality effectivity and grid sustainability.
About CleanSpark
CleanSpark (Nasdaq: CLSK), America’s Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a confirmed observe document of success. We personal and function a portfolio of mining services throughout america powered by globally aggressive vitality costs. Sitting on the intersection of Bitcoin, vitality, operational excellence and capital stewardship, we optimize our mining services to ship superior returns to our shareholders. Monetizing low-cost, excessive reliability vitality by securing crucial finite, world asset – Bitcoin – positions us to prosper in an ever-changing world. Go to our web site at www.cleanspark.com.
Ahead-Wanting Statements
This press launch incorporates forward-looking statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995. On this press launch, forward-looking statements embody, however might not be restricted to, statements concerning the Firm’s expectations, beliefs, plans, intentions, and techniques. In some instances, you may determine forward-looking statements by phrases reminiscent of “could,” “will,” “ought to,” “expects,” “plans,” “anticipates,” “may,” “intends,” “targets,” “initiatives,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “proceed” or the damaging of those phrases or different comparable expressions. The forward-looking statements are topic to quite a lot of recognized and unknown dangers, uncertainties and different essential components that will trigger our precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements, together with, however not restricted to: future charges and influence of tariffs within the US; the timing, completion and efficiency of the Georgia, Wyoming, Tennessee and Mississippi expansions; anticipated additions and targets to CleanSpark’s hashrate and the timing thereof; the danger that {the electrical} energy obtainable to our services doesn’t improve as anticipated; the success of its digital forex mining actions; the unstable and unpredictable cycles within the rising and evolving industries by which we function; growing issue charges for bitcoin mining; bitcoin halving; new or extra governmental regulation; the anticipated supply dates of recent miners; the power to efficiently deploy new miners; the dependency on utility charge constructions and authorities incentive applications; dependency on third-party energy suppliers for enlargement efforts; the expectations of future income development might not be realized; and different dangers described within the Firm’s prior press releases and in its filings with the Securities and Change Fee (SEC), together with underneath the heading “Threat Elements” within the Firm’s Annual Report on Kind 10-Okay for the fiscal 12 months ended September 30, 2024, and any subsequent filings with the SEC. Ahead-looking statements contained herein are made solely as to the date of this press launch, and we assume no obligation to replace or revise any forward-looking statements because of any new data, modified circumstances or future occasions or in any other case, besides as required by relevant regulation.
Investor Relations Contact
Barbara Domingo
702-989-7693
ir@cleanspark.com
Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com
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SOURCE CleanSpark, Inc.
Featured Picture: Pexels @ Ivan Babydov
