CleanSpark Bitcoin Mining Expansion

Glossary Word Definition CY EBITDA EH/s FY Hashrate Realization HODL J/TH Abbreviation for calendar year; refers to the timeframe of January 1, 2023, through December 31, 2023. Abbreviation for earnings before interest, taxes, depreciation, and amortization; is a widely-used, non-GAAP measure of a company's financial health. Abbreviation for exahashes per second; a measurement of hashrate. An exahash is equivalent to 1 quintillion hashes per second. Abbreviation for fiscal year; refers to the budget year used for accounting purposes (October 1, 2022, through September 30, 2023). Expressed as a percentage of a company's stated hashrate and calculated based on how much bitcoin a company is expected to produce. Hold on for dear life; slang description for the strategy of not selling Bitcoin despite market volatility. Abbreviation for Joules per Terahash; used to describe a bitcoin mining fleet's efficiency using its energy-to-hashrate ratio. KWh Abbreviation for kilowatt-hour; a measurement based on the amount of energy it takes to run a 1,000-watt appliance for 1 hour. MW Abbreviation for megawatt; an energy measurement equivalent to 1 million watts. MRQ Abbreviation for most recent quarter; refers to the fiscal quarter that most recently ended. Uptime Percentage of time a miner is operational is often used interchangeably with hashrate realization. NASDAQ: CLSK All Rights Reserved. Copyright 2023 CleanSpark | 21

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