Full-Time
Accounts Payable Specialist
CleanSpark
11-50 employees
Sustainable Bitcoin mining using green power
Compensation Overview
$58k - $62k/yr
Norcross, GA, USA
In Person
The position may require travel between job sites.
 Accounting (1) |
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- A minimum of 2-3 years of experience in an accounts payable or general accounting position.
- Knowledge of general accounting procedures.
- Proficiency in data entry and management.
- Candidates must be insurable under CleanSpark's vehicle insurance policy if duties require operation of a company vehicle or travel between job sites.
- Manage the accounts payable mailbox by ensuring all current emails are addressed or routed appropriately.
- Ensure all invoices are entered accurately into the accounts payable system.
- Perform day-to-day financial transactions, including verifying, classifying, and recording accounts payable data in the accounts payable system.
- Track expenses and process expense reports.
- Investigate discrepancies by reconciling vendor accounts and monthly statements.
- Research and resolve invoice discrepancies and issues.
- Correspond with vendors and respond to inquiries.
- Assist with month-end closing.
- Provide supporting documentation for audits.
- Assist the Finance team with ad hoc requests.
- Maintain confidentiality of organizational information.
- Perform other duties as assigned.
- Knowledge of relevant accounting software; experience with NetSuite and Tipalti is a plus.
CleanSpark is a publicly traded company that mines Bitcoin using data centers powered by low-carbon energy. It earns Bitcoin by running specialized computers that verify transactions on the Bitcoin blockchain. The process works by using miners to solve cryptographic problems that secure and record transactions; when successful, new Bitcoin is rewarded to the miners. CleanSpark differentiates itself by prioritizing sustainability and green energy, aiming to make Bitcoin mining more environmentally friendly and earning trust from communities and employees. Its business advantages include low debt levels from strategic financing and acquisitions, alongside a transparent NASDAQ presence. The company’s goal is to expand its sustainable mining operations, reduce its carbon footprint, and support the decentralized currency system while growing profits for its investors.
Company Size
11-50
Company Stage
IPO
Headquarters
Poway, California
Founded
1987
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Simplify's Take
What believers are saying
- CleanSpark signed a July 10, 2026 Sandersville lease worth $6.6 billion.
- Management says long-lead equipment is prepaid and the equity contribution is funded.
- Texas exclusivity covers 718 acres and up to 885 MW for future expansion.
What critics are saying
- CleanSpark still needs project financing, permits, and power approvals before Sandersville delivery in 2027.
- Austin County residents and commissioners are pushing a moratorium that delays Sealy approvals.
- Failure at Sandersville leaves CleanSpark with debt, idle power, and no credible pivot.
What makes CleanSpark unique
- CleanSpark controls 1,817 MW of contracted power across multiple U.S. states.
- Sandersville's 20-year triple-net lease shifts taxes, insurance, and maintenance to the tenant.
- Low-carbon power and closed-loop cooling separate CleanSpark from traditional noisy miners.
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Benefits
Health Insurance
Life Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Company News
CleanSpark has signed a 20-year lease with an undisclosed global technology company for its Sandersville, Georgia data centre, expected to generate approximately $6.6 billion in contracted revenue. The company plans to transition from Bitcoin mining to high-performance computing at the site. Construction of the new facility will begin in parallel with current operations, with completion targeted between late 2027 and early 2028. CleanSpark will then migrate power from its Bitcoin mining operation to the new data centre. The facility will use a closed-loop water system requiring less than an Olympic swimming pool's volume initially, then consuming less than 10 households' worth during regular operations. The company emphasises local hiring and employee share ownership as part of its approach. The lease includes two five-year extension options, potentially extending the agreement to 30 years.
CleanSpark advances 175-MW Sandersville AI data center under $6.6 billion lease. August 24, 2026 CleanSpark says its anticipated equity contribution is funded and long-lead equipment has been ordered, while additional project financing remains necessary and its Texas sites remain under a letter of intent and exclusivity. Published by Allstream Insiders - Efrain Garcia, Publisher Allstream Insiders summary. CleanSpark is advancing a 175-megawatt AI data center in Sandersville, Georgia, under a 20-year infrastructure lease with a confidential global technology company. The company values the initial lease term at approximately $6.6 billion and expects delivery of critical information-technology capacity to begin during the fourth quarter of 2027. In its fiscal third-quarter update, CleanSpark said it had ordered and prepaid the long-lead equipment needed to support the project's ready-for-service schedule. The company also said the equity contribution it currently anticipates for Sandersville had been fully funded. That statement does not mean the entire Sandersville project is fully financed. CleanSpark's Form 10-Q says the company expects to require additional funds, likely through project-based debt financing, to complete the data center buildout. CleanSpark also has a letter of intent and exclusivity arrangement with the same tenant covering its 718-acre Texas portfolio, which includes the Sealy and Brazoria campuses and up to 885 MW of secured and planned power capacity. The Texas arrangement is not an executed infrastructure lease or a disclosed final investment decision. What did CleanSpark report about the Sandersville project? CleanSpark reported three principal execution updates for the Sandersville AI Campus: a signed 20-year lease, funding of the company's anticipated equity contribution and the ordering and prepayment of long-lead equipment. The infrastructure lease was executed on July 10, 2026, with two optional five-year extensions. CleanSpark said the undisclosed tenant is a high-investment-grade global technology company that plans to deploy production-grade infrastructure for a range of computing workloads. The company expects the lease to provide approximately $6.6 billion of contract value over its initial 20-year term. CleanSpark has also disclosed potential contract value of up to $11.6 billion if the tenant exercises both five-year extension options. The extension value is conditional and should not be treated as guaranteed. CleanSpark expects delivery of the project's 175 MW of critical information-technology load to begin during the fourth quarter of 2027. That schedule remains a company target and is subject to financing, construction, equipment, regulatory and power-availability requirements. "We remain focused on the commercialization of our existing assets and the acquisition of scalable infrastructure," CleanSpark CEO and Chairman Matt Schultz said. Sandersville project cost is expressed on a per-megawatt basis. CleanSpark previously estimated landlord project costs at approximately $10 million to $12 million per megawatt of critical information-technology load. The company has not presented that estimate as a fixed, all-in construction budget. Allstream has therefore not multiplied the per-megawatt estimate into a purported total project cost. CleanSpark identifies project financing, construction costs, equipment availability, permitting and electrical-power availability as factors that could affect execution. CleanSpark said its anticipated equity portion of the project had been fully funded as of the fiscal third-quarter update. Its Form 10-Q separately states that the company expects to raise additional funds - likely through project-based debt financing - to facilitate the buildout. The two statements describe different portions of the financing plan: the currently anticipated equity contribution and the additional financing expected to complete development. Construction agreement and long-lead equipment support the schedule. CleanSpark entered into a construction agreement when it executed the Sandersville lease. Its Form 10-Q says a third party is expected to lead development of the project, although CleanSpark has not publicly identified that party in the materials reviewed by Allstream. The third-quarter release states that CleanSpark had ordered and prepaid all long-lead items needed to meet the Sandersville ready-for-service date. The company did not identify the equipment, manufacturers, suppliers, purchase-order values or delivery dates. CleanSpark's filing says the project depends on obtaining required regulatory approvals, maintaining adequate electrical-power availability and meeting financing, construction and delivery milestones under the lease. The company also cautions that missed milestones could result in rent abatements or termination rights. Those disclosures establish that development and procurement activity is underway, but they do not establish that every permit, financing condition or construction milestone has been completed. Existing bitcoin-mining power is planned for AI data center use. CleanSpark said it began planning to transition the Sandersville power capacity currently supporting Bitcoin mining to the AI data center project after the lease was signed. The company expects to continue using the existing Sandersville site for Bitcoin mining until the lease commencement date. It currently expects to fully decommission the site's existing Bitcoin-mining operations during fiscal 2028 as power is redirected to the Sandersville AI Campus. The transition schedule is a company expectation rather than a completed operational change. CleanSpark said it was still evaluating the effect on the existing mining infrastructure when it filed the Form 10-Q. Texas portfolio remains under exclusivity. The Sandersville tenant also executed a letter of intent and exclusivity arrangement covering CleanSpark's Texas portfolio. The portfolio totals 718 acres with up to 885 MW of secured and planned power capacity: * Sealy campus: 271 acres with nearly 300 MW * Brazoria campus: 447 acres with transmission-level infrastructure supporting an initial 300-MW demand load and potential expansion to 600 MW CleanSpark has not announced an executed tenant lease for either Texas campus in the disclosures reviewed for this article. The letter of intent and exclusivity arrangement should not be described as a construction authorization, final investment decision or guaranteed expansion. CleanSpark project and capacity tracker. | Site or portfolio | Location | Company-reported scale | Verified status | | Sandersville AI Campus | Sandersville, Georgia | 175 MW of critical information-technology load | 20-year lease and construction agreement executed; deliveries expected to begin in the fourth quarter of 2027 | | Sandersville initial lease term | Sandersville, Georgia | Approximately $6.6 billion of expected contract value | Company estimate across the initial 20-year term | | Sandersville landlord project costs | Sandersville, Georgia | Estimated $10 million to $12 million per MW | Company estimate; not a fixed all-in project budget | | Sealy campus | Austin County, Texas | 271 acres; nearly 300 MW | Covered by tenant letter of intent and exclusivity arrangement | | Brazoria campus | Brazoria County, Texas | 447 acres; initial 300-MW demand load with potential expansion to 600 MW | Covered by tenant letter of intent and exclusivity arrangement | | Combined Texas portfolio | Texas | 718 acres; up to 885 MW of secured and planned capacity | Exclusivity arrangement; no executed infrastructure lease disclosed | | Companywide contracted power portfolio | Multiple U.S. states | Approximately 1,817 MW as of June 30, 2026 | Includes operating and development assets; not all capacity is leased for AI workloads | What has CleanSpark not disclosed? CleanSpark has not publicly identified the Sandersville tenant, the third party leading development, equipment manufacturers, principal contractors or individual procurement packages in the materials reviewed for this article. The company also has not disclosed a fixed total Sandersville construction budget or confirmed executed AI infrastructure leases for Sealy or Brazoria. Because those details remain undisclosed, Allstream is not attributing the project to a rumored hyperscaler or presenting unannounced contractor opportunities as available work. Allstream Insiders perspective. CleanSpark's third-quarter update provides tangible execution markers at Sandersville: an executed lease, a construction agreement, a funded anticipated equity contribution and prepaid long-lead equipment. The strongest project-level disclosure remains the 175-MW critical information-technology load, with deliveries expected to begin during the fourth quarter of 2027. The financing language requires care. CleanSpark says its anticipated equity contribution is funded, while its Form 10-Q says additional project financing will still be needed. Treating the entire project as fully financed would overstate the company's disclosure. The Texas portfolio represents a sizable future-development pathway, but it remains at a different commercial stage. Sealy and Brazoria are covered by a letter of intent and exclusivity arrangement - not executed tenant leases or announced construction authorizations.
CleanSpark sinks 6% even as Bitcoin jumps 7%, MARA holds flat as traders weigh tensions among AI miners. By David Moadel Published Aug 21, 12:14PM EDT Quick read. * CleanSpark sinks 6% while MARA holds flat despite a 7% Bitcoin rally, as investors reprice the miner-to-AI-landlord pivot with growing skepticism. * Riot Platforms' $9.1B Anthropic deal failed to hold a 20% initial gain, while miner ETF WGMI fell 3% on Bitcoin's surge. * CleanSpark's $6.6B Sandersville lease remains a promise, not cash, as its mining revenue fell 30% and EBITDA swung deeply negative. * Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks - and Marathon Digital didn't make the cut. Grab the names FREE today. A rare split is opening up inside the Bitcoin (CRYPTO:BTC) miner cohort on Friday, and it isn't about the coin. CleanSpark (NASDAQ:CLSK | CLSK Price Prediction) stock is down 6% to $11.84 in Friday morning trading, taking the worst of the selling. Video Muted Meanwhile, MARA Holdings (NASDAQ:MARA) stock is essentially unchanged, down 0.1% to $11.14, holding up as the group's outlier against CleanSpark's drop. Notably, Bitcoin (CRYPTO:BTC) is up 7% over the past 24 hours to $77,740.82, which rules out crypto weakness as the explanation. That disconnect is the story. Investors are repricing the miner-to-AI-landlord pivot rather than the coin, and CleanSpark is taking the brunt. The 2026 miner narrative was that gigawatts of grid-connected power could get released to hyperscalers and AI labs at attractive multiples. Friday's move suggests the market wants those contracts to arrive with confirmed anchor tenants, not with construction milestones and unfunded promises. Why the pivot trade is unwinding. There's no CleanSpark press release behind Friday's decline. This pressure is thematic: miners spent 2026 marketing themselves as future AI data center landlords, and the market's appetite for pivot narratives is fading in a hurry (the power, cooling, and networking companies actually building out AI capacity are a cleaner way to play the theme, and we rounded up seven of them in a free report here: 7 Stocks Powering the AI Boom). CleanSpark's own numbers illustrate the tension. Management signed a 20-year, $6.6 billion triple-net lease at the Sandersville site with a high investment-grade tenant. CEO Matt Schultz said the equity portion is fully funded and long-lead equipment is pre-paid, and CFO Gary Vecchiarelli stated the company has "materially de-risked execution while preserving balance sheet flexibility." The mining business underneath that promise is deteriorating. Revenue at CleanSpark fell 30.5% year over year to $138 million in fiscal Q3 2026, with the company swinging to a net loss of $239.8 million from net income of $257.4 million a year earlier. CleanSpark's adjusted EBITDA fell to negative $113 million from positive $377.7 million, and Sandersville lease revenue hasn't started flowing yet, so the contracted backlog is a promise rather than cash. That reversal captures the moment when mining stopped subsidizing the transition, which means anyone buying the pivot story now has to underwrite Sandersville execution on its own merits. Read-Across from Riot Platforms. Additionally, Riot Platforms (NASDAQ:RIOT) stock was up 66% year to date through Thursday's close, the largest gain in the group. This week, Riot Platforms struck a $9.1 billion, 20-year computing deal with Anthropic, leasing 191 megawatts at its Rockdale, Texas campus. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks - and Marathon Digital didn't make the cut. Grab the names FREE today. That contract could reach $16.1 billion in total sales if extended twice by five years each. On the news, Riot Platforms shares initially jumped more than 20% before giving back most of the gain. Compass Point analyst Michael Donovan described the Riot Platforms site as a "two-tenant campus carrying $9.8 billion of contracted data center revenue" and reiterated a buy rating with a $29 price target. Here's the CleanSpark read-across: a $9.1 billion contract couldn't hold a one-day gain, which shows what a Sandersville-style promise is worth in the current market. Where the group diverges. MARA Holdings stock is up 24% year to date through Thursday's close, nearly identical to CleanSpark's 25% gain over the same stretch. In Friday's session, MARA Holdings shares are flat while CleanSpark shares are down 6%. Bitcoin's 7% move is doing the work at MARA Holdings and isn't enough to offset pivot repricing at CleanSpark. This spread inside a group that used to trade as one Bitcoin proxy is the clearest evidence that these are no longer the same trade. For context, the CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) is down 3% to $45.54, with the fund up 23% year to date through Thursday's close. A miner ETF falling on a 7% Bitcoin day is the cleanest single expression of the disconnect, placing CleanSpark's decline as worse than the basket rather than in line with it. The ETF is narrowly concentrated in a single industry, so it carries more single-industry risk than a broad technology or crypto fund. What to watch. Traders can watch for a reclaim of support at CleanSpark stock as the Bitcoin rally holds. Investors may want to keep an eye on whether the miner basket resynchronizes with the coin or continues trading on pivot execution. Position sizing is straightforward from here. If the group is fragmenting into AI-landlord winners and mining-drag losers, blanket miner exposure is riskier than it looked a quarter ago. Shareholders should keep their exposure modest until Sandersville revenue shows up in the income statement, and any allocation should account for the WGMI ETF's single-industry concentration. The next real catalyst for CleanSpark is Sandersville commercialization. A tenant occupancy update or an initial quarter of lease revenue would give the pivot narrative something concrete to price against. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks - and Marathon Digital didn't make the cut. Grab the names FREE today. David Moadel is financial writer specializing in stocks, ETFs, options, precious metals, and Bitcoin. David has written well over 1,000 articles for leading online publications, helping investors understand markets, income strategies, and risk. His work has appeared in The Motley Fool, InvestorPlace, U.S. News & World Report, TipRanks, ValueWalk, Benzinga, Market Realist, TalkMarkets, Finmasters, 24/7 Wall St., and others. With a master's degree in education, David has taught at the elementary, high school, and college levels. That teaching background shapes his writing style: clear, educational, and practical. David has also built a loyal social-media audience by providing trustworthy financial content on YouTube, X/Twitter, and StockTwits.
Austin County residents protest CleanSpark data center in Sealy. Keep Watching SEALY, Texas - Dozens of Austin County residents gathered Friday evening to protest a proposed data center in the Sealy area, arriving at a CleanSpark community meeting in tractors, trailers and trucks. They met near Trenckmann Rd and FM 949 in Sealy and caravanned to Millheim Haromonie Verein Hall where they met with CleanSpark representatives. The residents say they are concerned about how the project could affect their rural community, including water, noise, light pollution and the environment. "We are not going to lay down and take it. We are here to fight," resident Lisa Hicks said. Another resident said noise and light from the development could affect the area's wildlife. "First of all, because of the noise. Secondly, we have the migratory birds that come across here, and that light and the noise is gonna disturb them," she said. The protest comes two days after Gov. Greg Abbott announced that Google, Rowan and CleanSpark would comply with standards and guidelines he established for data centers. Abbott has said the guardrails are working and are being implemented by data centers across Texas. CleanSpark says it is proposing a 285-megawatt data center on a roughly 270-acre property, but only about 10 acres would be used for the actual facility. CleanSpark Chief Business Officer Harry Sudocks said the company would build its own substation and pay the utility for necessary upgrades to serve the project. "That is a lot of power," Sudocks said. "It sounds like a lot of power, but ultimately, the way that we work with the grid is that we pay our own way." The company also says the data center would use a closed-loop cooling system and consume less than 10 homes' worth of water per day for operations. CleanSpark expects the project to generate millions of dollars in tax revenue for the county and school district. Residents have also raised concerns about a battery energy storage system, or BESS, located nearby. Hicks said she discovered the system while investigating development in the area. "We had the BESS, Battery Energy Storage System, already in place and intact, up and running with that low infrasound," Hicks said. CleanSpark says the BESS is a separate project on a different piece of land that was in place before the company purchased its property. Sudocks said it has a different owner and developer and is not part of CleanSpark's project. Despite meeting with CleanSpark representatives, residents say they remain concerned about the proposed data center and its potential impact on their community. CleanSpark says it expects to learn more about the governor's audit process within the coming months. The company says it needs certainty about power availability before breaking ground, and construction would take approximately 16 to 18 months once it begins.
B. Riley Securities raised its CleanSpark price target to $26 from $19, maintaining a Buy rating based on the operator's expanding AI and high-performance computing portfolio. The new target represents approximately 104% upside from the $12.75 closing price. CleanSpark reported fiscal third-quarter revenue of $138 million, up roughly 1% sequentially. The valuation centres on CleanSpark's 20-year triple-net lease at Sandersville, Georgia. An unnamed investment-grade technology tenant has contracted the campus's full 175 MW of critical IT load, generating approximately $6.6 billion of revenue over the initial term and average annual net operating income of about $330 million. CleanSpark expects Sandersville to cost $10 million to $12 million per critical MW, putting total cash capital expenditure between $1.75 billion and $2.1 billion. The first data hall remains scheduled for service in the fourth quarter of 2027.