jain.com

Early replacement of miner fleet

Company: CleanSpark

Subject kind
facility capacity
Statement date
2024-08-08
Current status
stated

The claim, verbatim

CleanSpark decided to replace a substantial portion of its mining fleet before the miners reached the end of their expected life cycle, which led to a non-cash impairment on older, less-efficient miners.

Source (primary)

cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗

Quote: “we determined to replace a substantial portion of our fleet before the miners reached the end of their originally expected life cycle”

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 exhibit (clsk-ex99_1.htm)

Quote: “we determined to replace a substantial portion of our fleet before the miners reached the end of their originally expected life cycle”

View cached copy (2026-10-31)Live source ↗