CleanSpark Flexes Mining Muscle with Record Hashrate and Efficiency

CleanSpark Inc., a leading American Bitcoin mining company, has released its latest operational achievements, setting new industry benchmarks. In October, the company mined 633 Bitcoin and sold 562 BTC at an average price of $28,600, generating around $16 million in revenue, according to investing.

 With an impressive fleet of nearly 89,000 machines, CleanSpark has now reached a hashrate of 10 EH/s, showcasing a significant leap in mining capabilities.

The company’s focus on energy and capital efficiency is evident in their current fleet-wide efficiency of 27.32 J/Th. Moreover, they anticipate this to improve further to 23.5 J/Th upon deployment of new mining units. This efficiency is not just about cost-saving; it prepares CleanSpark for the upcoming Bitcoin halving event next year, setting a sustainable path for future operations.

Construction updates from their Sandersville site reveal a smooth progression, with the structural and roofing work for several buildings completed. This expansion is anticipated to culminate by year-end, positioning the site to become Georgia’s largest digital asset data center. CleanSpark’s continuous advancements underline their commitment to efficiency and innovation in the cryptocurrency mining sphere.