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LAS VEGAS, June 21, 2023 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two turnkey bitcoin mining campuses located in Dalton, Georgia, for a cash payment of $9.3 million. The facilit...
2023-06-21 07:00:40 ET Summary CleanSpark reported mining 609 Bitcoins in May 2023, with revenues growing by 14.2% in Q2 of fiscal 2023. The company is expanding its facilities and mining machines, aiming to double its hash rate by the end of the calendar year. Despite growth ...
2023-06-20 16:39:04 ET Cryptocurrencies and crypto mining companies moved higher today due to developments on the regulatory front and as mainstream financial companies continued to show support for digital assets. Since late afternoon yesterday, the price of the world's largest cryptoc...
2023-06-19 10:14:42 ET Summary Bitfarms possesses a world-class mining operation that beats CLSK, MARA, and RIOT in mining efficiency but falls behind in mining capacity. We explained why BITF is lingering around $1, not rising or falling. We provided evidence to support our c...
2023-06-16 08:49:11 ET Summary HIVE's setbacks from post-Merge pivot may prove costly and may be the start of a slow and painful relegation from the mining race. HIVE has little wiggle room to survive and grow as shareholder equity declined 68% since 2021Q4 due to declining asset ...
2023-06-15 10:44:38 ET Bitcoin ( BTC-USD ) slid to a three-month low of ~$24.8K on Thursday a day after the Federal Reserve paused hiking rates for the first time in 15 months, but issued a more hawkish dot plot. At the time of writing, bitcoin ( BTC-USD ) fell 3.8% to $25K,...
2023-06-15 06:17:09 ET Summary With the halving for Bitcoin approaching, miners such as CleanSpark will need to see a big increase in Bitcoin prices to be able to mine at breakeven levels. CleanSpark is trying to improve its hashrate, become more efficient, and gain scale ahead of...
2023-06-14 07:27:46 ET Summary On one hand, HUT's Bitcoin production declined more than 50% over the past 2 quarters due to energy woes. On the other hand, HUT's mining capacity has remained constant since 2021 while competitors expanded aggressively. Reliance on mergers (exte...
2023-06-13 11:39:32 ET Summary CLSK will match MARA and RIOT in terms of end-of-year mining capacity while being priced at a quarter of their valuation. We estimated this expansion will come at the cost of 24% shareholder dilution. The 24% shareholder dilution is sufficiently ...
2023-06-13 10:29:05 ET Bitcoin ( BTC-USD ) traded slightly in the green in Tuesday morning trading as U.S. headline inflation rose at the slowest pace since April 2021, spurring traders to increase their bets that the Federal Reserve will skip a rate hike at its Wednesday meeting. T...
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2024-07-17 05:10:00 ET Many hypergrowth stocks fizzled out over the past two years as rising rates compressed their valuations and drove investors toward more conservative investments. However, that sell-off has also created some lucrative buying opportunities. If you're a patient inves...
CleanSpark, Inc. (NASDAQ: CLSK) is one today's most active stocks by volume. So far today, approximately 25.83M shares of CleanSpark, Inc. have been exchanged, as compared to an average 30-day volume of 30.17M shares. CleanSpark, Inc. provides bitcoin mining and energy technology solutions wor...