{"id":728266,"date":"2023-02-02T09:20:08","date_gmt":"2023-02-02T14:20:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/"},"modified":"2023-02-02T09:20:08","modified_gmt":"2023-02-02T14:20:08","slug":"cleanspark-releases-january-2023-bitcoin-mining-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/","title":{"rendered":"CleanSpark Releases January 2023 Bitcoin Mining Update"},"content":{"rendered":"<h2>\nCompany mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company\u2019s bitcoin holdings grow 32%<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>LAS VEGAS, Feb.  02, 2023  (GLOBE NEWSWIRE) &#8212;  CleanSpark, Inc. (Nasdaq: CLSK) (the &#8220;Company&#8221; or &#8220;CleanSpark&#8221;), America\u2019s Bitcoin Miner\u2122, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2023.\u00a0<\/p>\n<p>\u201cWe had a banner month, and not just because we mined a record number of bitcoin,\u201d said Zach Bradford, CEO. \u201cWe also had our most reliable month ever, achieving 98% uptime across all of our sites. This remarkable achievement is the direct result of some of the hardest working and most dedicated teams in the public bitcoin mining sector. This fact is one of the hallmarks of the CleanSpark way and it is foundational to our operational strategy as one of the largest proprietary miners in North America.\u00a0<\/p>\n<p>\u201cAs a proprietary miner we exercise tremendous control over our ability to meet targets by building our own infrastructure and installing our equipment according to our own schedule. Additionally, we have greater control over our resources, which translates to higher uptime. This month\u2019s mining update is a perfect example of this approach in action, which has allowed us to grow fast and operate reliably.\u201d\u00a0\u00a0<\/p>\n<p>\n        <b>January Bitcoin Mining Update (unaudited)<\/b>\n      <\/p>\n<p \/>\n<ul>\n<li>Bitcoin mined in January: 697, up 50% from December 2022<\/li>\n<li>2023 Calendar year bitcoin mined: 697<\/li>\n<li>Total BTC holdings as of January 31: 301 BTC, up 32% from December 2022<\/li>\n<li>Total BTC converted for operations and growth in January: 624<\/li>\n<li>Currently deployed fleet of about 66,000 latest-generation bitcoin miners with a hashrate of 6.6 EH\/s, up 7% from December 2022 and up 214% from January 2022<\/li>\n<\/ul>\n<p>The Company funded growth and operations through the sale of 624 bitcoins in January 2023 at an average of approximately $19K per BTC. Sales of BTC equated to proceeds of approximately $11.9 million. January daily BTC mined averaged about 22.5 and reached a high of 24.2.<\/p>\n<p>\n        <b>About CleanSpark\u00a0<\/b>\n      <\/p>\n<p>CleanSpark (NASDAQ: CLSK) is America\u2019s Bitcoin Miner. Since 2014, we\u2019ve helped people achieve energy independence for their homes and businesses. In 2020, we transitioned that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. 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. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin.\u00a0CleanSpark holds the 44th spot on the Financial Times&#8217; 2022 List of the 500 Fastest Growing Companies in the Americas and ranks thirteenth on Deloitte\u2019s Fast 500.\u00a0For more information about CleanSpark, please visit our website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Bik-xiGFSM5K8RTWUmKACxKeyD_GxWHVG9duOAFbSdtgts3OE4Pyb33JjIcbYd-IcWkgjJwXff33bPqRg86j7WOT-qpbWnK9brpJe4DshsM=\" rel=\"nofollow noopener\" target=\"_blank\">www.cleanspark.com<\/a>.<\/p>\n<p>\n        <b>Investor Relations Contact\u00a0<\/b><br \/>\n        <br \/>Matt Schultz<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8yWAPD57kmFOE7hErJh36fDhbcZeHruHbVHPFkTxgWKOCarob3NN89imj7tA_twvAtT7K4X8DHZHP8jrKdF-cA==\" rel=\"nofollow noopener\" target=\"_blank\">ir@cleanspark.com<\/a><\/p>\n<p>\n        <b>Media Contacts\u00a0<\/b><br \/>\n        <br \/>Isaac Holyoak\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=I0KwWVCMKwncPTbLDPmxxAOlWPoMTfAXUFdeCr482U52hH37PUfHHB8LBtR4wBUqZHk2PUI7YyFBDrLwgV-kGw==\" rel=\"nofollow noopener\" target=\"_blank\">pr@cleanspark.com<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>BlocksBridge Consulting<br \/>Nishant Sharma<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AxSvEx1nREOIzD6i3KBTkmUXqO-nlIqMIEWDtKMWxyMDdYwaKytB6ipfnfNHOHLuReOZJyKkdVOuD1AmJIdsapuiKTJN1s_Ru8FQcm9_QqPulB8YOIjn9kaHlaHfL42k\" rel=\"nofollow noopener\" target=\"_blank\">cleanspark@blocksbridge.com<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc0MTQ0NCM1Mzg4MTE3IzIxOTAwMTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTYwZGY0MjUtMTJjMi00NDRiLWJmZjctMWIxZTA4NTI3ZmY3LTEyMDE1NzA=\/tiny\/CleanSpark-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Isaac Holyoak\r\nCleanSpark Inc.\r\n702-989-7694\r\npr@cleanspark.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company\u2019s bitcoin holdings grow 32% LAS VEGAS, Feb. 02, 2023 (GLOBE NEWSWIRE) &#8212; CleanSpark, Inc. (Nasdaq: CLSK) (the &#8220;Company&#8221; or &#8220;CleanSpark&#8221;), America\u2019s Bitcoin Miner\u2122, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2023.\u00a0 \u201cWe had a banner month, and not just because we mined a record number of bitcoin,\u201d said Zach Bradford, CEO. \u201cWe also had our most reliable month ever, achieving 98% uptime across all of our sites. This remarkable achievement is the direct result of some of the hardest working and most dedicated teams in the public bitcoin mining sector. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CleanSpark Releases January 2023 Bitcoin Mining Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-728266","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CleanSpark Releases January 2023 Bitcoin Mining Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CleanSpark Releases January 2023 Bitcoin Mining Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company\u2019s bitcoin holdings grow 32% LAS VEGAS, Feb. 02, 2023 (GLOBE NEWSWIRE) &#8212; CleanSpark, Inc. (Nasdaq: CLSK) (the &#8220;Company&#8221; or &#8220;CleanSpark&#8221;), America\u2019s Bitcoin Miner\u2122, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2023.\u00a0 \u201cWe had a banner month, and not just because we mined a record number of bitcoin,\u201d said Zach Bradford, CEO. \u201cWe also had our most reliable month ever, achieving 98% uptime across all of our sites. This remarkable achievement is the direct result of some of the hardest working and most dedicated teams in the public bitcoin mining sector. &hellip; Continue reading &quot;CleanSpark Releases January 2023 Bitcoin Mining Update&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T14:20:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc0MTQ0NCM1Mzg4MTE3IzIxOTAwMTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cleanspark-releases-january-2023-bitcoin-mining-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cleanspark-releases-january-2023-bitcoin-mining-update\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CleanSpark Releases January 2023 Bitcoin Mining Update\",\"datePublished\":\"2023-02-02T14:20:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cleanspark-releases-january-2023-bitcoin-mining-update\\\/\"},\"wordCount\":458,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cleanspark-releases-january-2023-bitcoin-mining-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODc0MTQ0NCM1Mzg4MTE3IzIxOTAwMTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cleanspark-releases-january-2023-bitcoin-mining-update\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cleanspark-releases-january-2023-bitcoin-mining-update\\\/\",\"name\":\"CleanSpark Releases January 2023 Bitcoin Mining Update - 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(Nasdaq: CLSK) (the &#8220;Company&#8221; or &#8220;CleanSpark&#8221;), America\u2019s Bitcoin Miner\u2122, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2023.\u00a0 \u201cWe had a banner month, and not just because we mined a record number of bitcoin,\u201d said Zach Bradford, CEO. \u201cWe also had our most reliable month ever, achieving 98% uptime across all of our sites. This remarkable achievement is the direct result of some of the hardest working and most dedicated teams in the public bitcoin mining sector. &hellip; Continue reading \"CleanSpark Releases January 2023 Bitcoin Mining Update\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/","og_site_name":"Market Newsdesk","article_published_time":"2023-02-02T14:20:08+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc0MTQ0NCM1Mzg4MTE3IzIxOTAwMTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CleanSpark Releases January 2023 Bitcoin Mining Update","datePublished":"2023-02-02T14:20:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/"},"wordCount":458,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc0MTQ0NCM1Mzg4MTE3IzIxOTAwMTc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-january-2023-bitcoin-mining-update\/","name":"CleanSpark Releases January 2023 Bitcoin Mining Update - 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