![]() Some customers may prioritize internal rate of return, others may be more focused on sustainability or resilience. With different data around each customer’s historical energy consumption, the utility rates it operates under, sizing constraints and more, the equation differs radically from engagement to engagement. Six months and many successful benchmarks later, CleanSpark purchased perpetual licenses for the IBM software.Īt the highest level, the CPLEX solution is helping CleanSpark solve optimization models, but as the company’s Chief Technology Officer (CTO) and Principal Architect Amanda Kabak explains, it’s more than that. Inman explains: “IBM came out on top in terms of not only price for our requirements, but also the support that we need to keep pushing forward.” With help from IBM Business Partner Newcomp Analytics, CleanSpark began by testing the software on a subscription basis. Rich Inman, Director of Data Analytics at CleanSpark, estimates that the microgrid optimization process evaluates tens of millions of variables in a sparse matrix that may contain as many as 10²⁰ elements.Īfter careful research and cost-benefit analyses, CleanSpark selected IBM® ILOG® CPLEX® Optimization Studio software. Whether they’re meant to address the energy needs in a single household or in a massive, interconnected and geographically dispersed series of buildings, microgrids are complex, and the number of factors that go into optimizing them can be mind-boggling. Microgrids are not one-size-fits-all endeavors. CleanSpark was established in 2012 to help organizations develop their own microgrids. ![]() Ideally, they balance load requirements among the different sources, providing customers with steady, clean and cost-effective energy. Microgrids are designed to help companies meet power needs with a combination of traditional grid, solar, wind, fuel cell and other energy technologies. ![]() These alternative sources are becoming more and more popular, but they, too, have their limits when it comes to availability and storage. The grid is generally reliable, but it can be subject to both blackouts and brownouts, and it can be more expensive and less clean than alternative sources of energy like wind and solar. For more information about the Company, please visit the Company’s website at. (Nasdaq: CLSK), a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. “We go above and beyond to provide investors with the information they need to be part of a sustainable bitcoin future, and this forum presents a great opportunity for that.”ĬleanSpark, Inc. “As a leading bitcoin mining company with a clean energy background, CleanSpark has been focused on sustainability since its earliest days,” said Isaac Holyoak, VP of strategic communications at CleanSpark. Many others are currently in the process of getting publicly listed. There are currently over 25 publicly traded cryptocurrency mining companies, with over 10 of them going public in the last year alone. CleanSpark’s CEO Zach Bradford will join panelists from two other companies that operate in the mining world.Īs Web3 and digital assets become more popular, the infrastructure layer of proof-of-work networks continues to generate increasing interest among energy companies and institutional investors. The event agenda includes leaders of some of the most well known companies from the Web3 and digital assets industry. Organized for BofA’s top clients, the private event will take place on June 23rd at the BofA Tower in New York City. (Nasdaq: CLSK) (the “Company”), a sustainable bitcoin mining and energy technology company, today announced it will participate in Bank of America’s (BofA) Web3 & Digital Assets Day. ![]() LAS VEGAS, J(GLOBE NEWSWIRE) - CleanSpark, Inc. CleanSpark CEO will discuss bitcoin mining at the in-person event for the bank’s top clients
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