How CleanSpark Is Setting Itself Apart in the Crypto Race | by Pavle Marinkovic

Find out if their stocks are worth buying

The next year is going to be big for the Bitcoin community.

It’s what everyone (in Cryptoland) is talking about: the Bitcoin halving.

This is an event that happens every four years where the reward for mining new Bitcoin blocks is cut in half (from 6.25 to 3.125 per block), reducing the rate at which new Bitcoins are created.

When? April of 2024.

The whole thing is looking pretty bullish:

The total Bitcoin hash rate is at an all-time high: two weeks ago, it blasted past 491 exahashes per second. This level of security makes Bitcoin not just a crypto, but a digital stronghold.
Bitcoin’s price tends to increase by more than 250% twelve months after its halving: in 2013 it surged by 8,256%, in 2016 it rose by 287%, in 2020 it increased by 542%. Less supply, same demand, prices go up.
A Spot Bitcoin ETF is expected to be approved in Q1 or Q2 of 2024: there are 12 applications for the ETF by financial monsters like Black Rock which has only had 1 rejection (out of 575 submissions). For reference, Gold surged 350% after its first ETF approval.

With network security tighter than a drum, potential price surges forcing the media to talk about it a lot, and the high likelihood of having a Spot Bitcoin ETF, we’re looking at a perfect storm.

There’s one group that will especially benefit from all this.

Bitcoin miners.

With fewer new Bitcoins being created, each Bitcoin becomes rarer, potentially driving up demand and price in the market. This will boost miners’ profitability, despite the reduced quantity of Bitcoin rewards they receive for their mining efforts.

And there’s one miner that looks the most promising.

CleanSpark.

Here’s why.

CleanSpark is an American Bitcoin mining and energy technology company. It’s known for using renewable and clean energy sources for its mining operations.

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