Water Tower Research Publishes Update Report on CleanSpark (

Water Tower Research Publishes Update Report on CleanSpark (CLSK) Titled "Bitcoin Mining Operations Leveraging Energy Savings to Drive Profits"


Water Tower Research Publishes Update Report on CleanSpark (CLSK) Titled "Bitcoin Mining Operations Leveraging Energy Savings to Drive Profits"
iCrowd Newswire
30 Apr 2021, 04:07 GMT+10
CHICAGO, IL., April 29, 2021 - Water Tower Research has published an update report on CleanSpark (NASDAQ: CLSK). The report focuses on the company's bitcoin mining operations and growth strategy.
"CleanSpark is focused on expanding its bitcoin mining operation and has secured the contracts necessary to increase its hashrate from 315 PH/s as of March 2021 to more than 1.1 EH/s by August 2021," said Shawn Severson, Co-Founder of Water Tower Research and Head of ClimateTech and Sustainable Investing Research. "The company recently ordered 22,680 additional bitcoin miners representing an incremental 2.2 EH/s of capacity and expects these new units will increase its total production capacity to over 3.2 EH/s by September 2022. At current difficulty rates, 1.1 EH/s would represent 6-7 bitcoins per day, and 3.2 EH/s would represent 18-20 bitcoins per day.

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