GlobeNewswire Inc | Jul 15, 2021 09:30AM EDT

July 15, 2021

SALT LAKE CITY, July 15, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the Company or CleanSpark), adiversified software, services and clean Bitcoin mining company, today announces its exhibition of CleanBlok at Mining Disrupt on July 21st in Miami, Florida. CleanSpark is also a sponsor of this years conference.

CleanBlok by CleanSpark is an Atlanta-based cryptocurrency operation running mostly on a carbon-free energy mix. Attendees are encouraged to visit CleanBloks booth to learn how mining cryptocurrency responsibly can drive rapid ROI on energy investments while helping the planet. The Companys advanced energy software and microgrid control technologies enable energy optimization at mining centers and other power intensive operations. CleanBlok SVP Bernardo Schucman alongside other team members will be available for meetings during the event. Schucman brings more than two decades of experience as a world-renowned tech entrepreneur, consultant and blockchain engineer to the Company.

Cryptocurrency mining is the critical support system for the blockchain and provides significant value for both the miners and the blockchain community. Mining operations can have a negative impact on the environment if non-renewables or inefficient practices are used. This is a big problem to solve, but we're well-suited to solve it with our unique and innovative microgrid solutions, says CleanSpark President and CEO Zachary Bradford.

For more information about CleanSparks Bitcoin operation and to download a brochure, visit https://www.cleanblok.com/. Mining Disrupt tickets are available for purchase at https://miningdisrupt.com/.

Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the Company directly at info@cleanspark.com or visiting the Companys website at www.cleanspark.com.

About CleanSpark

CleanSpark, Inc., aNevadacorporation, is in the business of providing advanced software, controls and technology solutions to solve modern energy challenges. CleanSpark has a suite of software solutions that provides end-to-end microgrid energy modeling, energy market communications, and energy management solutions. CleanSpark's offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, custom hardware solutions, microgrid installation and implementation services, traditional data center services and software consulting services. The Company and its subsidiaries also own and operate a fleet of Bitcoin miners at its facility outside ofAtlanta,Georgia. For more information about the Company, please visit the Company's website at https://www.cleanspark.com/investor-relations/.

Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's plans and expectations for expansion of its energy initiatives, operating results, business strategy, partnership with Coinmint, deployment of miners, digital currency mining activities, the growth of its facilities and other statements regarding the expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as "expect," "target," "anticipate," "believe," "could," "should," "estimate," "intend," "may," "will," "plan," "goal" and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation: the successful deployment of energy solutions for residential and commercial applications; the fitness of the Company's energy hardware, software and other solutions for this particular application or market; the success of its digital currency mining activities; the expectations of future revenue growth may not be realized; ongoing demand for the Company's software products and related services; the impact of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in the Company'sAnnual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release (including any forward-looking statements contained herein) to reflect events or circumstances after the date hereof.

Press:Trish DaCostaKCD PRCleanspark@kcdpr.com

Investor RelationsCleanSpark, Inc.(801)-244-4405ir@cleanspark.com