CleanSpark is on a mission to mine Bitcoin responsibly utilizing clean energy and at the lowest energy cost possible. To achieve that vision, CleanSpark intends to employ our microgrid technologies and our mPulse controls platform at Bitcoin mining facilities. We took the first step towards that vision with the December 2020 acquisition of a Data Center. Both the popularity and the value of cryptocurrency is continually increasing and is expected to grow for the foreseeable future. Over the past 10 years, cryptocurrencies have seen exceptional returns even after volatility and continue to prove their resiliency. This is partly due to institutional investors’ support of Bitcoin’s long-term value and a notable amount of adoption as significant publicly-traded companies including Tesla, MicroStrategy, Square, PayPal and many more have added Bitcoin to their operational strategy or Balance sheets. Bitcoin mining is simply the means of getting compensated to process data (on the blockchain). Bitcoin Miners are awarded Bitcoin as payment for completing blocks of verified transactions to be added to the blockchain.