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Coinmint Bitcoin mining hosting and operating services agreement

Company: CleanSpark

Subject kind
partnership
Statement date
2021-07-13
Current status
stated

The claim, verbatim

CleanBlok (CleanSpark's subsidiary) entered into a services agreement with Coinmint, LLC whereby Coinmint will house and power CleanBlok's cryptocurrency mining equipment and conduct Bitcoin mining operations through a third-party provider on behalf of CleanBlok, with an effective date of July 1, 2021, an initial term of one year, and automatic renewal for three-month periods thereafter.

Source (primary)

CleanSpark 8-K filed 2021-07-14 (SEC EDGAR, sec_filing)
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Quote: “entered into a services agreement (the "Agreement") with Coinmint, LLC ("Coinmint"). Pursuant to the Agreement, retroactively effective as of July 1, 2021, Coinmint has agreed to house and power certain of CleanBlok's cryptocurrency mining equipment in its facilities, and to use commercially reasonably efforts to mine Bitcoin through an agreed upon third-party provider (the "Third-Party Provider") on behalf of CleanBlok... The Agreement has an initial term of one year, after which it will renew automatically for three-month periods until terminated in accordance with the terms of the Agreement.”

How we checked this

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Additional evidence

confirms CleanSpark 8-K filed 2021-07-14

Quote: “entered into a services agreement (the "Agreement") with Coinmint, LLC ("Coinmint"). Pursuant to the Agreement, retroactively effective as of July 1, 2021, Coinmint has agreed to house and power certain of CleanBlok's cryptocurrency mining equipment in its facilities, and to use commercially reasonably efforts to mine Bitcoin through an agreed upon third-party provider (the "Third-Party Provider") on behalf of CleanBlok... The Agreement has an initial term of one year, after which it will renew automatically for three-month periods until terminated in accordance with the terms of the Agreement.”

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