Bitcoin

CleanSpark Reaches a Hashrate of 50 EH/s, Mines 685 BTC in June

The production of Bitcoin de Cleanspark jumped more than 50% in annual sliding, despite the challenges posed by the post-launch environment for BTC minors.

The company posted an operational hatch of 50 eh / s in June from 20.4 eh / its year earlier, representing a leap of 145.1% of the mining capacity. Last month, he extracted 685 BTC worth $ 74.2 million at current prices, compared to 445 BTC mined in June 2024. EH / S means examination by second, a measurement of the computing power.

“The tireless efforts of our operations and technology teams have led to the addition of more than 10 eh / s of capacity in four states to reach the ambitious goal,” CEO and president of Cleanspark said in a Zach Bradford, CEO Bradford. “This represents an increase of 9.6% of one month to another.”

Cleanspark sold 578 BTC in June, the majority of its monthly production. His Bitcoin Holdings are now at 12,608 BTC, up 12,502 in May and placing it seventh among the listed companies, according to BitcoinTareries.net.

Top Bitcoin holders among public companies. Source: Bitcointheries.net

Among Bitcoin minors, only two companies hold more BTC than Cleanspark: Mara Holdings and Riot Platforms. According to BitcoinTareries.net, Mara has 50,000 BTC, making it the second Bitcoin holder among public companies. Riot platform is fourth with 19,225 BTC.

“Companies around the world adopt the value of a Bitcoin -improved assessment,” said Bradford. “In fact, the company’s bitcoin acquisitions have exceeded net entries for the third consecutive quarter.”

In relation: Cleanpark to start selling bitcoin in a pivot “ self -financing ”

The stock of Cleanspark slides on the mining update

Cleanspark’s actions on the Nasdaq lose ground on Monday, lowering 8% at the time of writing the present. The actions of the company follow a broader market trend, the NASDAQ index lowering more than 1% in the mid -talks on the trade agreements of the United States government.

Cleanspark action price. Source: Google Finance

The difficulty in Bitcoin’s exploitation has reached a summit of all time this year, reaching 126.9 Billions on May 31. Crypto minors face financial mounting pressure as block rewards and the network difficulty increases, factors that can increase operational and energy costs.

Since February 2024, Cleanspark has expanded its mining operations to include facilities in the American states of Georgia, Mississippi, Wyoming and Tennessee. In August 2024, he bought 26,000 Bitmain immersion extraction platforms in an agreement of $ 168 million.

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