CleanSpark, Inc. Announces Equipment Sales and Shipments for the Month of May 2019; Provides Equipment Sales Guidance for the Quarter Ending June 30, 2019 and Fiscal Year of 2019
June 03, 2019 at 06:00 am EDT
Share
CleanSpark, Inc. announced record equipment sales and shipments for the month of May. Equipment sales for the month of May were more than $1 million, as compared with equipment sales of $431,000 during the first three months of 2019. CleanSpark's contracted back log for equipment has also increased to $6.1 million an increase of over $2 million since March 31, 2019.
In total, equipment sales for the quarter ending June 30, 2019 are projected to exceed $1.5 million.
Equipment Sales for CleanSpark's fiscal year are on track to exceed prior estimates of $4 million.
CleanSpark, Inc. is a bitcoin mining company. The Company independently owns and operates approximately eight data centers in Georgia for a total developed capacity of 230 megawatts (MW). The Company is engaged in developing an additional 150 MW at its data center in Sandersville, Georgia. It does not host miners for any other companies, and has a partner in Massena, New York, who hosts approximately 50 MW for the Company. It operates around bitcoin mining machines, with a hash rate capacity of approximately 15 Exa hashes per second (EH/s) and a fleetwide efficiency of 28.4 joules per tera hash (J/TH). The Company's subsidiaries include ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, CSRE Properties Norcross, LLC, CSRE Property Management Company, LLC, CSRE Properties, LLC, CSRE Properties Washington, LLC, CSRE Properties Dalton, LLC, and CleanSpark HQ, LLC.
CleanSpark, Inc. Announces Equipment Sales and Shipments for the Month of May 2019; Provides Equipment Sales Guidance for the Quarter Ending June 30, 2019 and Fiscal Year of 2019
CLEANSPARK, INC. 
