Option to expand power draw with Lancium
Company: CleanSpark - Project: Abilene (Lancium)
The claim, verbatim
For 2.5 years following operations commencement, CleanSpark has an option to increase power draw up to the lesser of 500 MW or 40% of Lancium's aggregate facility capacity
Source (primary)
CleanSpark 8-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “For a period of two and a half years following the operations commencement date under the Agreement, the Company will have an option to increase its power draw by any amount that would cause its total power draw not to exceed the lesser of 500 MW or 40% of the aggregate capacity of all facilities owned and operated by Lancium”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms CleanSpark 8-K filed 2022-03-31
Quote: “For a period of two and a half years following the operations commencement date under the Agreement, the Company will have an option to increase its power draw by any amount that would cause its total power draw not to exceed the lesser of 500 MW or 40% of the aggregate capacity of all facilities owned and operated by Lancium”