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CleanSpark Releases August 2024 Bitcoin Mining Update; 478 Bitcoin Mined In August; 7,558 Total Bitcoin Holdings As Of August 31

Author: Benzinga Newsdesk | September 03, 2024 09:17am

Mined 478 bitcoin and increased total operating hashrate by 1.4 EH/s during August

65 MW of data center capacity expected to come online in September

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner®, today released its unaudited bitcoin mining and operations update for the month ending August 31, 2024.

"As we approach the end of our fiscal year, the team continues to work diligently to optimize fleet efficiency and increase hashrate. Our fleet upgrade is well underway as we simultaneously prepare for 65 MW of capacity to be energized during the month of September. These efforts are expected to result in a meaningful increase in operating hashrate and bitcoin production as we close out our fiscal year," said Zach Bradford, CEO.

August Bitcoin Mining Update (unaudited)

  • Bitcoin mined in August: 478
  • CY2024 bitcoin mined: 4,586
  • Total bitcoin holdings as of August 31: 7,558
  • Total bitcoin sold in August: 2.50
  • Deployed fleet: 163,648
  • Fleet efficiency: 22.70 J/Th
  • Month-end operating hashrate: 22.6 EH/s

The Company sold 2.5 bitcoin in August 2024 at an average price of approximately $56,729 per bitcoin. The average hashrate throughout the month of August was 21.3 EH/s resulting in an average of 15.43 bitcoin mined daily and a single day high of 17.88.

Posted In: CLSK

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