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Water Tower Research says CleanSpark Inc well-positioned to capitalize on microgrid market growth while scaling its Bitcoin mining operations

Water Tower Research says CleanSpark Inc well-positioned to capitalize on microgrid market growth while scaling its Bitcoin mining operations
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CleanSpark Inc says microgrid contracts surge by 220% in two months to more than $23 5 million

CleanSpark says microgrid contracts surge by 220% in two months to more than $23.5 million The company also said it produced more than 144 Bitcoins during the quarter that ended on March 31, 2021 CleanSpark said its recent financing transactions have positioned the company to continue to make strategic, accretive moves CleanSpark Inc (NASDAQ:CLSK) has reported that its executed microgrid sales contracts have increased by 220% since February 12, 2021, to more than $23.5 million as of April 18. The company also said it produced more than 144 Bitcoins during the quarter that ended on March 31, while mining a total of 205 Bitcoins since acquiring its cryptocurrency operations on December 10.    “From having 95% non-carbon-based electricity powering our mining operations, to our rapidly-growing partnership program, it s clear that our focus on an ESG-centered approach to growth continues to be validated,” CleanSpark executive chairman Matthew Schultz said in a

CleanSpark Inc has software that helps companies become more energy efficient and mines bitcoin

Launching mVoult residential microgrid product Successfully expanded into bitcoin mining with data centers acquisition What CleanSpark does:  CleanSpark Inc (NASDAQ:CLSK), based in Bountiful, Utah, has developed software to help companies and homes become more energy-efficient, and is also now big in bitcoin mining. The company designs and builds microgrids while providing engineering, consulting and turn-key implementation services. It also offers software for energy monitoring and system controls. CleanSpark s software - mPluse and mVSO (Microgrid Value Stream Optimizer) - enables a microgrid to be scaled to the user s specific needs and can be used by agricultural, commercial, industrial enterprises as well as the military and municipal governments, and residential users. Customers include not only energy consumers but independent power producers (renewable energy) and energy-storage vendors.

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