Scott Garrison
and Taylor Monnig promoted to new
C-suite positions
LAS
VEGAS, May 8, 2024 /PRNewswire/
-- CleanSpark Inc. (Nasdaq: CLSK), America's
Bitcoin Miner™, today announced the appointments of
Scott Garrison as chief operating
officer and Taylor Monnig as chief
technology officer.
Garrison, previously SVP of growth, and Monnig, previously SVP
of mining technology, have been critical in CleanSpark's remarkable
growth. Garrison has led business development and construction of
the Company's data centers, while Monnig has been instrumental in
developing the programs and leading the teams behind the Company's
industry-leading uptime and miner performance.
"Scott and Taylor are examples of CleanSpark's commitment to
excellence and the 'CleanSpark Way'. Their leadership and grit have
been instrumental in positioning CleanSpark as the top operator at
scale in the industry," said Zach
Bradford, CEO. "I speak often about our best-in-class teams
and Scott and Taylor have both helped build and lead these teams to
great heights. They are instrumental to our continued success as
our teams grow and gain even greater expertise to match the task
ahead of us on our path to 50 EH/s and beyond. I greatly look
forward to this next phase in CleanSpark's journey as we work
together to continue delivering value to our shareholders and the
greater bitcoin ecosystem."
Scott Garrison – Chief
Operating Officer
During his tenure at CleanSpark, Garrison has led the Company's
explosive growth in Georgia,
developing and managing cross-functional teams to build the
company's immersion-cooled data center in Norcross, GA, the 50 MW expansion in
Washington, GA, and the recent 150
MW expansion in Sandersville, GA.
Not limited to construction, Garrison has also played a key role in
developing CleanSpark's relationships with the cities, counties,
utility providers, local trades and community leaders that have
contributed to CleanSpark's track record of success. Garrison
will continue to oversee the Company's strategic growth initiatives
as the company looks for additional accretive opportunities. He
will also be taking on the additional task of managing and
supporting the teams behind the operations of CleanSpark's diverse
portfolio of data centers.
Before joining CleanSpark in October
2020, Garrison spent the prior three decades of his
professional experience leading cross-functional teams. He founded
Linq360 and The Integration Center in Las
Vegas, delivering technology solutions to businesses around
the world. During that time, he partnered and consulted with
renowned companies including HP, Verizon, Microsoft, and Samsung.
In a prior career, he achieved Class A status with the PGA of
America. Scott has served on the Make-A-Wish Advisory Board
Southern Nevada, Home Means Nevada for the State of Nevada, the UNLV Advisory Board to
Guide the Small Business Development Center, and First Tee of
Southern Nevada.
"It is an honor to be part of a company that prioritizes
culture," said Garrison. "This is the greatest work family I have
ever experienced. I can't wait to get up every morning and go to
work. CleanSpark has created the best teams and partners in the
world."
Taylor Monnig – Chief
Technology Officer
Monnig has developed and led CleanSpark's mining operations
teams and the technology that supports them. He's also led
successful efforts to improve fleet efficiency through software and
hardware upgrades, all while supporting a near perfect uptime at
the Company's data centers. Mostly recently, Monnig led the
development of a state-of-the-art control and analytics room at the
company's headquarters in Henderson,
Nevada, which will be home to the core technology team and
allow them to remotely monitor the Company's growing portfolio of
data centers. In his new role, Monnig will continue to develop the
company's tech stack, leading the teams responsible for keeping
CleanSpark on the cutting edge as it works toward its goal of
running the most efficient fleet of bitcoin miners in
the industry. These teams of engineers and developers will support
the Company's operations teams with a focus on automation and
uptime.
Prior to CleanSpark, Monnig co-founded TMGCore and served as the
chief operating officer. In that role, he worked to develop and
commercialize single phase and two-phase cooling technologies for
high performance computing and bitcoin mining, which
earned him a well-earned reputation for his deep expertise in
immersion cooling. He holds a bachelor's degree in mass
communication from Arizona State
University.
"I'm excited to continue spearheading our groundbreaking efforts
in the bitcoin mining industry," said Monnig. "The
team has done an incredible job of harnessing innovation to drive
efficiency, carving a path of unprecedented growth. Our vision of
the future is one of sustainability and technology plays a pivotal
role in helping that become a reality."
About CleanSpark
CleanSpark (Nasdaq: CLSK) is
America's Bitcoin Miner™. We own and operate 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: delivery dates and operating specifications of the
purchased miners, anticipated additions 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
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SOURCE CleanSpark, Inc.