Connect with us

Technology

CleanSpark Provides Update on Hurricane Helene

Published

6 months ago

on

Employees and infrastructure are safe

LAS VEGAS, Sept. 30, 2024 /PRNewswire/ — CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner® (the “Company”) today provided comments and updates on the impact of Hurricane Helene.

Statement from CEO Zach Bradford

In the wake of Hurricane Helene’s destructive path across the Southeastern United States, we extend our deepest condolences to the communities, families, and individuals who have suffered loss, damage, and disruption due to this catastrophic event. We recognize the immense challenges faced by those in regions where the storm has left countless without power, water, and other basic necessities. The loss of life, including first responders who bravely served during this crisis, underscores the severity of Helene’s impact. Our thoughts are with every person whose life has been altered by this hurricane.

The communities in rural Georgia, where our employees and their families reside and where we operate, have experienced this firsthand. The resilience shown by the affected communities and our employees, as they come together to support one another is a testament to the human spirit’s indomitable nature. Our teams have been working hand in hand with the local utilities to mutually support the efforts to bring power back online to regions affected. Their grit and commitment have been outstanding.

I want to extend our deepest gratitude to our incredible teams who have demonstrated remarkable resilience and dedication in the face of this challenge. Your unwavering commitment to excellence, even under trying circumstances, has not gone unnoticed. The spirit of collaboration, grit, and perseverance you’ve shown is truly commendable. Thank you for your hard work, your adaptability, and for pushing through adversity with such determination. We continue to move forward and achieve our goals because of your efforts.

Most importantly, all our team members are safe. Additionally, our geographically diverse portfolio of sites allowed us to maintain approximately 10.5 EH/s at our sites in Northwest Georgia, Mississippi, and Tennessee throughout the storm. To ensure health and safety, and to avoid any undue pressure on the electrical grid, we shut 365 MW of our Southeast Georgia sites down as the hurricane began impacting the region.

Since then, we have been in regular communication with the local utilities to safely bring up the sites in a manner that ensured the local community was supported throughout the process. Within 24 hours, we were able to bring hashrate back to over 17.5 EH/s. We have now brought approximately 200 MW back online and expect to bring the remaining 165 MW online in the coming week after the utilities and communities around us receive power. The majority of the 165 MW remaining offline is projected to be restored to communities no later than October 4, 2024. Our teams are prepared to promptly restore normal operations as soon as power becomes available.

We have also thoroughly evaluated all of our sites and are pleased to report that we have experienced no material damage to any site infrastructure. We are not aware of any material losses related to our mining servers and will continue this evaluation as we energize the remaining sites. Our hashrate is currently at approximately 22 EH/s. When our sites are fully reenergized, we expect to reach standard operations at approximately 28 EH/s.

About CleanSpark 
CleanSpark (Nasdaq: CLSK) is America’s Bitcoin Miner®. We own and operate multiple data centers that primarily run on low-carbon power. Our infrastructure responsibly supports Bitcoin, the world’s most important digital commodity and an essential tool for financial independence and inclusion. We cultivate trust and transparency among our employees and the communities we operate in. Visit our website at www.cleanspark.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the timing of power being restored, potentially unknown damage due to the storm; the timing of energization of the storm affected data centers; anticipated additions and targets to CleanSpark’s hashrate and the timing thereof; the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; 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’s Annual Report on Form 10-K for the fiscal year ended September 30, 2023, and any subsequent filings with the SEC. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.

Investor Relations Contact 
Brittany Moore
702-989-7693
ir@cleanspark.com 

Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cleanspark-provides-update-on-hurricane-helene-302263020.html

SOURCE CleanSpark, Inc.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Waystar to Announce First Quarter 2025 Financial Results on April 30, 2025

Published

29 minutes ago

on

April 7, 2025

By

LEHI, Utah and LOUISVILLE, Ky., April 7, 2025 /PRNewswire/ — Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial results for the first quarter ended March 31, 2025, after market close on Wednesday, April 30, 2025. The company will discuss its financial results on a conference call at 4:30 p.m. Eastern Time that same day.

A live audio webcast of the conference call will be available on Waystar’s investor relations website at https://investors.waystar.com/news-events/events. The webcast will be archived on the site for those unable to listen in real time.

About Waystar
Waystar’s mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves approximately 30,000 clients, representing over 1 million distinct providers, including 16 of 20 institutions on the U.S. News Best Hospitals Honor Roll. Waystar’s enterprise-grade platform annually processes over 6 billion healthcare payment transactions, including over $1.8 trillion in annual gross claims and spanning approximately 50% of U.S. patients. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities. Discover the way forward at waystar.com.

Media Contact
Kristin Lee
kristin.lee@waystar.com

Investor Contact
Sandy Draper
investors@waystar.com
502-238-9511

View original content to download multimedia:https://www.prnewswire.com/news-releases/waystar-to-announce-first-quarter-2025-financial-results-on-april-30-2025-302420968.html

SOURCE Waystar

Continue Reading

Technology

CONVO GPT’s AI Employee “Sara” Delivers Breakthrough Results: Early Adopters Report 300% Increase in Sales Productivity

Published

29 minutes ago

on

April 7, 2025

By

GREENVILLE, S.C., April 7, 2025 /PRNewswire/ — Following the successful launch of its revolutionary AI employee “Sara” earlier this month, CONVO GPT reveals impressive performance metrics from early adopters across multiple industries, validating the game-changing potential of its conversational AI technology.

CONVO GPT’s AI Employee “Sara” Delivers Breakthrough Results: Early Adopters Report 300% Increase in Sales Productivity

Real-World Impact: Case Studies Demonstrate Clear ROI

Within just weeks of implementation, companies utilizing CONVO GPT’s AI platform are reporting substantial efficiency improvements:

A mid-sized staffing firm increased candidate placements by 215% without adding recruiters

A mid-sized B2B lending company generated 5.7x more leads while reducing SDR costs by 50%

A SaaS company decreased lead response time from hours to seconds, boosting conversion rates by 172%

“We’re seeing validation across every metric that matters to our clients,” notes Jeremy David, Founder & CEO of CONVO GPT. “Sara doesn’t just replicate human capabilities – in many cases, she’s outperforming entire teams through 24/7 availability, perfect consistency, and instant scalability.”

New Partner Ecosystem Expands Integration Possibilities

CONVO GPT also announces the launch of its partner ecosystem, expanding Sara’s connectivity across popular business platforms:

Key Integration Options:

ChatGPT Integration:Functionality: Automate lead qualification and customer support by integrating Sara with ChatGPT such as pre-qualifying leads before booking appointments.

Implementation: Use Zapier over 7000 integrations to connect workflows with ChatGPT, enabling automated conversational sequences.Custom Chatbots:Functionality: Develop tailored chatbots that interact with customers, gather information, and trigger actions within Sara

Implementation: Utilize Zapier to link Sara with chatbot platforms, facilitating seamless data exchange and workflow automation.Third-Party Services:Functionality: Leverage services that specialize in integrating Sara with AI tools, offering customized solutions for chatbot development and automation.

Implementation: Engage professionals who can set up and optimize these integrations to suit your business needs.

Additionally, Sara now offers native integrations with leading business platforms:

Native connections with CRM systems including Salesforce, HubSpot, and Pipedrive

Direct ATS connections for major recruiting platforms like Bullhorn, JobDiva, and Greenhouse

Enhanced automation through specialized vertical solutions for healthcare, finance, and real estate

“What impressed us most is how seamlessly Sara integrated with our existing tech stack,” explains Maria Chen, COO of TechStaff Solutions, an early adopter. “Within days, we had a fully operational AI recruiter managing our entire candidate pipeline – sourcing, screening, scheduling interviews, and keeping both candidates and hiring managers informed at every step.”

Expanded Capabilities Announced

Building on strong initial feedback, CONVO GPT has fast-tracked several enhanced capabilities:

Enhanced Analytics Dashboard: Real-time performance metrics and ROI calculation

Custom Voice Integration: Option to deploy Sara as a voice agent for phone-based outreach

Compliance Framework: Industry-specific protocols for regulated sectors including finance, healthcare, and legal

Limited Availability Program Continues

Due to extraordinary demand, CONVO GPT is maintaining its controlled rollout approach, accepting new clients through an application process that ensures proper onboarding and success.

“We’re focused on quality over quantity at this stage,” says Jeremy David. “Each implementation receives white-glove support to ensure clients experience the full transformative potential of having Sara as their AI employee.”

Contact Information:

Jeremy David
Founder & CEO, CONVO GPT
Greenville, SC
www.convogpt.ai
+1 (864) 203-6204
press@convogpt.ai

About CONVO GPT

CONVO GPT, a division of JDC USA, delivers next-generation AI automation solutions that transform how businesses approach sales, marketing, and recruitment. Led by Jeremy David, a true mastermind and visionary in the automation and AI space, CONVO GPT helps companies eliminate manual processes, reduce overhead costs, and achieve sustainable growth through intelligent automation. David’s forward-thinking approach and deep expertise in conversational AI has positioned CONVO GPT at the forefront of the business automation revolution.

View original content to download multimedia:https://www.prnewswire.com/news-releases/convo-gpts-ai-employee-sara-delivers-breakthrough-results-early-adopters-report-300-increase-in-sales-productivity-302422360.html

SOURCE CONVO GPT

Continue Reading

Technology

Marvell to Sell Automotive Ethernet Business to Infineon for $2.5 Billion in Cash

Published

29 minutes ago

on

April 7, 2025

By

Delivers Compelling Financial Returns for Marvell Shareholders

SANTA CLARA, Calif., April 7, 2025 /PRNewswire/ — Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has entered into a definitive agreement under which Infineon Technologies AG (“Infineon”) will acquire Marvell’s Automotive Ethernet business in an all-cash transaction valued at $2.5 billion. This business in fiscal 2026 is expected to generate revenue in the range of $225-250 million. The acquisition includes Marvell’s Brightlane® Automotive Ethernet portfolio and related assets. This transaction has been approved by Marvell’s Board of Directors, and is expected to close within calendar year 2025, subject to customary closing conditions and regulatory approvals.

“Marvell has transformed itself into a leading data infrastructure solutions provider, with the data center end market driving 75% of consolidated revenue in the fiscal fourth quarter of 2025,” said Matt Murphy, Chairman and CEO of Marvell. “We are immensely proud of the progress we have made in organically growing our Automotive Ethernet business. We believe this transaction delivers the strongest financial return for Marvell shareholders, given its compelling valuation. With Infineon’s optimized platform for automotive applications, we are confident the Automotive Ethernet business is well positioned for continued growth and success.”

Marvell plans to discuss the transaction on its upcoming conference call to review its first quarter of fiscal 2026 financial results, which is scheduled for Thursday, May 29, 2025, at 1:45 p.m. Pacific Time.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud, automotive, and carrier architectures transform—for the better.

Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others.

This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the “Risk Factors” section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, contact:

Investors

Ashish Saran
Senior Vice President, Investor Relations
408-222-0777
ir@marvell.com

Media

pr@marvell.com

FGS Global
212-687-8080
Marvell@fgsglobal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/marvell-to-sell-automotive-ethernet-business-to-infineon-for-2-5-billion-in-cash-302422439.html

SOURCE Marvell

Continue Reading

Trending