CleanSpark Bitcoin Mining Expansion

Bitcoin is a Superior Form of Money a B ப Gold B Bitcoin Fiat Currency NASDAQ: CLSK X [] Durable Divisible Fungible Portable Verifiable Scarce Track Record × ✓ × × While all are physically durable, fiat currency over history has not maintained purchasing power durability. Physical gold is only divisible into small pieces; Bitcoin is divisible to eight decimals. Gold and bitcoin are fungible, but fiat currency is not fungible with oth er fiat (US Dollar is not fungible with the Canadian Dollar). Gold has a high value-to- weight ratio, but it is still heavy and cumbersome to transport compared to the others. Both gold and fiat currency have been counterfeited; Gold can be verified but only through cumbersome assay. Gold is scarce, bitcoin is scarce and finite; The only constraint on fiat currency is willingness of government or central bank. Gold has the longest track record of money and maintaining purchasing power; Bitcoin's history is the shortest; Fiat currency has a All Rights Reserved. poor track record. Source: Bitcoin First, Fidelity Digital Assets, 2022 Copyright 2023 CleanSpark | 8

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