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,
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