CleanSpark Points December 2023 Bitcoin Mining Replace

CleanSpark (NASDAQ:) Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, at the moment launched its unaudited Bitcoin (or “BTC”) mining and operations replace for the month ending December 31, 2023.

“This was a transformative yr for CleanSpark,” stated Zach Bradford, CEO. “We set new data in bitcoin mining, surpassing all our earlier achievements with over 7,300 bitcoins mined this yr, a 60% enhance over 2022. This outstanding feat was coupled with our highest every day manufacturing charges ever. What’s extra, our bitcoin treasury has additionally seen outstanding progress, increasing from 228 bitcoins on the finish of final yr to over 3,000 bitcoins at the moment.

“I’m additionally immensely proud to share that each one the constructing buildings for our Sandersville enlargement are actually full, paving the way in which for energizing the ability subsequent month. My heartfelt thanks go to our groups, the trades, and the neighborhood for his or her dedication to assembly timelines and fulfilling our guarantees to shareholders. The brand new yr affords great potential, and we’re enthusiastic concerning the alternatives that await us.”

December Bitcoin Mining Replace (unaudited)

• Bitcoin mined in December: 720
• CY2023 bitcoin mined: 7,391
• Whole BTC holdings as of December 31: 3,002
• Whole BTC offered in December: 293
• Deployed fleet: 88,924
• Month-end fleet effectivity: 26.4 J/Th
• Present hashrate: 10.08 EH/s

The Firm offered 293 BTC in December 2023 at a median of roughly $42,700 per BTC. Gross sales of BTC equated to proceeds of roughly $12.5 million. December every day BTC mined averaged 23.2 and reached a excessive of 29.8.

Operational replace

Sandersville. Development has been accomplished on all ten constructing buildings for the 150MW enlargement. All Antminer XPs have been acquired and are within the Firm’s custody in Georgia. In anticipation of the enlargement, the corporate has additionally begun testing firmware upgrades on the latest Antminer S21s. All machines obligatory for the 150MW enlargement have been delivered and are anticipated to be put in over the approaching weeks because the Firm prepares for energization in February.

For updates on our progress in Sandersville, try the Firm’s official YouTube account right here.