“The effective deployment of our capital strategy has allowed us to exceed hashrate expectations,” said Gary A. The Company’s significant growth is rooted in sound capital management. We’ve hit our previously stated year-end guidance 60 days early thanks to our excellent teams and we are thus able to raise our year-end guidance to 5.5 EH/s.” In a period where the sector is experiencing reversals in forward-looking expectations, we are bucking that trend. “This milestone reflects operational prowess and efficiency gains that I believe are unmatched in our industry. “Our hashrate growth over the last few months has been helped along with the acquisition of the Washington and Sandersville facilities, but that only tells part of the story,” said Zach Bradford, CEO. It determines how much bitcoin a company mines. Hashrate, the computing power available for processing transactions and securing the bitcoin blockchain, is one of the most critical metrics for evaluating public bitcoin mining companies. With the new milestone, CleanSpark has surpassed its year-end guidance over 60 days ahead of schedule and is raising its year-end hashrate guidance 10%, to 5.5 EH/s. 25, 2022 (GLOBE NEWSWIRE) - CleanSpark Inc. (Nasdaq: CLSK) (the “Company”), America’s Bitcoin Miner™, today announced its bitcoin mining hashrate has exceeded 5 EH/s, increasing 150% since January 2022. The Company’s hashrate has grown 150% since January CleanSpark is updating its 2022 year-end hashrate guidance to 5.5 EH/s
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