Company: CLSKW
Filing Date: 2025-11-25
Form Type: 10-K
Source: 0001193125-25-297510
Chunk: 16

Company: CLEANSPARK, INC.
Filing Date: 2025-11-25
Form: 10-K
Item: Item 6
Chunk 16
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 bitcoin mined

     44

     209

     411

     Direct cost to mine including non-cash depreciation and financing costs - Owned facilities
      
     $
     82,727

     $
     38,766

     $
     21,362

     Accelerated depreciation per bitcoin mined

     —

     1,170

     4,764

     Direct cost to mine including non-cash depreciation, financing costs and accelerated depreciation - Owned facilities
      
     $
     82,727

     $
     39,936

     $
     26,126

     Average revenue of each bitcoin mined (1)
      
     $
     97,687

     $
     53,708

     $
     24,601

     Direct cost to mine one bitcoin as % of average bitcoin mining revenue - Including direct energy cost only

     44.0
     %

     39.8
     %

     51.8
     %

     Direct cost to mine one bitcoin as % of average bitcoin mining revenue - Including miner depreciation expense

     84.7
     %

     72.2
     %

     86.8
     %

     Direct cost to mine one bitcoin as % of average bitcoin mining revenue - Including miner depreciation expense / including miner accelerated depreciation

     84.7
     %

     74.4
     %

     106.2
     %

     Statistics

     Owned Facilities

     Total bitcoin mined at owned facilities (2)

     7,726

     6,204

     5,196

     Bitcoin mining revenue - owned facilities - ($ in thousands)
      
     $
     754,691

     $
     333,187

     $
     127,827

     Total miners in service in owned facilities

     241,934

     160,200

     71,620

     Total kWh utilized

     5,859,543,539

     2,871,574,570

     1,360,287,814

     Total energy expense - ($ in thousands)
      
     $
     331,348

     $
     132,192

     $
     65,824

     Cost per kWh
      
     $
     0.057

     $
     0.046

     $
     0.048

     Energy expense    as a percentage of bitcoin mining