Bitcoin miner CleanSpark (CLSK), lowered its year-end 2023 hashrate or computing power guidance to 16 exahash per second (EH/s), from 22.4 EH/s previously, citing delays in building a mining facility by one of its partners, Lancium. Earlier this year, the miner announced a partnership with energy technology company Lancium for an initial 200 megawatts (MW) of power capacity in west Texas, equivalent to 6.6 EH/s of hashrate, with an option for an additional 300MW in the future. According to a statement, Lancium informed CleanSpark that capital constraints had impacted its ability to meet its commitments. The expected completion dates have been pushed back into late 2023 or even later, prompting the miner to reduce its guidance.
