Green Dragon Phase 1 electricity cost reduction promise
Company: CleanSpark
The claim, verbatim
First phase will reduce monthly electricity bill by up to 82%
Source (primary)
CleanSpark 10-K filed 2018-01-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “The first phase of the Green Dragon microgrid will employ solar, energy storage, and advanced controls to immediately reduce the monthly electricity bill of the indoor grow facility by up to 82%”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The filing states that the first phase of the Green Dragon microgrid will immediately reduce the facility's monthly electricity bill by up to 82%. This is the company's own projection.
Confirmed in the source:
- CleanSpark stated that the first phase of the Green Dragon microgrid would reduce the indoor grow facility's monthly electricity bill by up to 82%
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357718000019/mainbody.htm) in full (207,635 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-K filed 2018-01-16
Quote: “The first phase of the Green Dragon microgrid will employ solar, energy storage, and advanced controls to immediately reduce the monthly electricity bill of the indoor grow facility by up to 82%”