other
confidence high
sentiment neutral
materiality 0.55
CleanSpark shuts 365 MW as Hurricane Helene hits; 200 MW restored, full ops expected Oct 4
CLEANSPARK, INC.
- All employees safe; no material damage to infrastructure or mining servers confirmed.
- Precautionary shutdown of 365 MW capacity in Southeast Georgia; 200 MW back online within 24 hours.
- Remaining 165 MW expected to be restored by October 4, 2024, coordinated with local utilities.
- Current hashrate approximately 22 EH/s; full return to ~28 EH/s after all sites re-energized.
- Portfolio diversity allowed ~10.5 EH/s to continue at other sites during the storm.