Risk Factors.
−Removed: There are no updates or changes to the risk factors
−Removed: set forth in our Annual Report on Form 10-K for the year ended December 31, 2021 except as set forth below.
−Removed: Our business could
−Removed: be harmed by prolonged power and internet outages, shortages, or capacity constraints.
−Removed: Our operations require
−Removed: a significant amount of electrical power and access to high-speed internet to be successful.
−Removed: If we are unable to secure sufficient electrical
−Removed: power, or if we lose internet access for a prolonged period, we may be required to reduce our operations or cease them altogether.
−Removed: this occurs, our business and results of operations may be materially and adversely affected.
−Removed: We are subject
−Removed: to risks associated with our need for significant electrical power.
−Removed: Our operations have required
−Removed: significant amounts of electrical power, and, as we continue to expand our mining fleet, we anticipate our demand for electrical power
−Removed: will continue to grow.
−Removed: If we are unable to continue to obtain sufficient electrical power on a cost-effective basis, we may not realize
−Removed: the anticipated benefits of our significant capital investments.
−Removed: Additionally, our operations
−Removed: could be materially adversely affected by prolonged power outages.
−Removed: Therefore, we may have to reduce or cease our operations in the event
−Removed: of an extended power outage, or as a result of the unavailability or increased cost of electrical power.
−Removed: If this were to occur, our business
−Removed: and results of operations could be materially and adversely affected.
+Added: are no updates or changes to the risk factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2021 except
+Added: as set forth below.
+Added: business could be harmed by prolonged power and internet outages, shortages, or capacity constraints and deployment
+Added: operations require a significant amount of electrical power and access to high-speed internet to be successful.
+Added: If we are unable to
+Added: secure sufficient electrical power, or if we lose internet access for a prolonged period, we may be required to reduce our
+Added: operations or cease them altogether.
+Added: We are also dependent upon our third party energy providers to power miners upon installation,
+Added: and there may be delays in deployment and implementation.
+Added: If any of these scenarios occurs, our business and results of operations
+Added: may be materially and adversely affected.
+Added: are subject to risks associated with our need for significant electrical power.
+Added: operations have required significant amounts of electrical power, and, as we continue to expand our mining fleet, we anticipate our demand
+Added: for electrical power will continue to grow.
+Added: If we are unable to continue to obtain sufficient electrical power on a cost-effective basis,
+Added: we may not realize the anticipated benefits of our significant capital investments.
+Added: Additionally,
+Added: our operations could be materially adversely affected by prolonged power outages.
+Added: Therefore, we may have to reduce or cease our operations
+Added: in the event of an extended power outage, or as a result of the unavailability or increased cost of electrical power.
+Added: If this were to
+Added: occur, our business and results of operations could be materially and adversely affected.
Unregistered Sales of Equity Securities and Use of Proceeds.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.