Cleanspark Inc.
CleanSpark Provides Update on Hurricane Helene Impact
Summary
On September 30, 2024, CleanSpark, Inc. announced an update on the impact of Hurricane Helene, confirming that all employees and infrastructure are safe with no material damage reported at its sites. Approximately 365 MW of capacity in Southeast Georgia was temporarily shut down as a precautionary measure during the hurricane. Through coordinated efforts with local utilities, approximately 200 MW has been brought back online, with full restoration expected by October 4, 2024. The Company's hashrate currently stands at approximately 22 EH/s, with an expected return to full operations at approximately 28 EH/s once all sites are fully re-energized.
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About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
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