Cleanspark is a strong purchase and "Better Option" for investors this year, according to a report issued by HC Wainwright & Co.

Cleanspark, Bitcoin (BTCThe Mining Company hosted an investor day in New York City on January 27, celebrating the fifth anniversary of the Nasdaq Stock Exchange.

The company that entered Bitcoin mining The sector has grown in December 2020, quickly to a pioneering player in this industry, where it benefited from his energy experience and MicroGrid development, according to the HC Wainwright Memorandum that was shared with Crypto.News.

During this event, the Cleanspark administration has identified its main success strategy, which includes an anti-cycle-that corresponds to the market decline-and focus on rural communities with low-cost energy access.

Cleanspark currently runs 31 data centers with more than 900 MW of contracted energy and retail rate scattered from 39 Exhashes per second (EH/S), a decisive measure of Bitcoin mining capacity, according to HC Wainwright analysts.

Cleanspark occupies the first three places of its peers in standards such as Retail rateBitcoin production and operational efficiency.

Cleanspark classification

Looking at the future, the company repeated its goal of reaching 50 EH/S by mid 2015, a milestone achieved by only one of the North American miners circulating.

Cleanspark has highlighted steps to achieve this goal, including the recent financing by issuing a $ 650 million transfer notes, Development projects in Tennessee Wyoming, favorable mining deals.

With the share price of $ 27, analysts Cleanspark sees a strong choice for investors who seek to be exposed to Bitcoin capabilities.

Cleanspark shares are currently trading at $ 10.25 at the time of this report.