2/20/2023 0 Comments 10k cleanspark![]() Eliza Gkritsi is CoinDesks crypto mining reporter based in Asia. Quick Summary: The miner has been taking advantage of opportunities to expand in the bear market. Indeed, the price of mining rigs has fallen by 40% in the past few months as struggling bitcoin miners are offloading their machines for cash. Bitcoin Miner CleanSpark Buys 10K New Machines for 28M After Discounts, Credits. "During the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then-industry trend of preordering equipment months in advance,” which has put CleanSpark in a position to buy rigs at discounts throughout the bear market, said CleanSpark CEO Zach Bradford. Inside Cleanspark, Inc.'s 10-Q Quarterly Report: Revenue - Product Highlight The increase was due primarily to the increased losses from sale of digital currency and increased depreciation expense when compared to gain on the sale of digital currency and significantly lesser depreciation during the prior period. ![]() Mining rig prices are often noted in dollars per terahash, a measure of computing power, instead of the machine price. The mining rigs were purchased from hardware broker Cryptech Solutions for about $28 per terahash (Th), according to a Wednesday press release, versus the $96/Th marked on the manufacturer's website, on which they are sold out. Bitcoin miner CleanSpark (CLSK) has purchased 10,000 new Bitmain Antminer S19j Pros for 28 million after credits and discounts, a significant markdown from the manufacturer's listed price. Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Cleanspark, Inc. Indeed, the price of mining rigs has fallen by 40% in the past few months as struggling bitcoin miners are offloading their machines for cash.Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new Bitmain Antminer S19j Pros for $28 million after credits and discounts, a significant markdown from the manufacturer's listed price. Bitcoin miner CleanSpark (CLSK) has purchased 10,000 new Bitmain Antminer S19j Pros for 28 million after credits and discounts, a significant markdown from the manufacturers listed price. Security and Exchange Commission filings for CLEANSPARK, INC. "During the tail end of the bull market last year, we strategically focused on building infrastructure instead of following the then-industry trend of preordering equipment months in advance,” which has put CleanSpark in a position to buy rigs at discounts throughout the bear market, said CleanSpark CEO Zach Bradford. ./news-release/2022/262/0/en/CleanSpark-Reports-Record-First-Quarter-FY2022-Financial-Results.html The Company will hold its first quarter 2022 earnings presentation and business update for investors and analysts today,February 9, 2022, at 2:00 p.m. is a leading bitcoin mining and diversified energy company incorporated in Nevada, whose common stock is listed on the Nasdaq Capital Market. Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new Bitmain Antminer S19j Pros for 28 million after credits and discounts, a significant markdown from the manufacturer's listed price. ![]() Mining rig prices are often noted in dollars per terahash, a measure of computing power, instead of the machine price. Bitcoin Miner CleanSpark Buys 10K New Machines for 28M After Discounts, Credits. The mining rigs were purchased from hardware broker Cryptech Solutions for about $28 per terahash (Th), according to a Wednesday press release, versus the $96/Th marked on the manufacturer's website, on which they are sold out. Second quarter revenue of 41.6 million, net loss of (0.17) million and Adjusted EBITDA of 22. ![]() ![]() Bitcoin (BTC) miner CleanSpark (CLSK) has purchased 10,000 new Bitmain Antminer S19j Pros for $28 million after credits and discounts, a significant markdown from the manufacturer's listed price. CleanSpark’s contracted back log for equipment has also increased to 6.1 million an increase of over 2 million since March 31, 2019. CleanSpark Reports Second Quarter FY2022 Financial Results. ![]()
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