CleanSpark: This Obscure Bitcoin Miner Could Go Either Way (CLSK)
— Obscure, Company, Miner, Clsk, Bitcoin, Price, Cleanspark, Machines, Position, Mining — 1 min read
CleanSpark (NASDAQ:CLSK) is a relatively unknown Bitcoin miner competing in the crypto sector. It is undergoing the same struggles its peers are going through as a result of the continual downward pressure on the price of Bitcoin, and the FUD surrounding it. The company has been able to acquire more mining equipment at bargain prices, so if can can survive the low-cost Bitcoin environment it's now operating in, it could potentially leverage the boost in price from the increase in the number of mining machines it employs at that time. As of the end of June the company held 561 Bitcoins, after selling 328 Bitcoins for an average price of $25,644 a $8.639,639 million a $32 million total. Source