The bitcoin mining company is reaping the rewards of growth because it had a file month with cast reliability.
CleanSpark has reported that the company mined a file 697 bitcoin in one month, an building up of fifty% from December 2022’s quantity.
“We had a banner month, and no longer simply because we mined a file choice of bitcoin,” Zach Bradford, CEO of CleanSpark, stated. “We additionally had our maximum dependable month ever, reaching 98% uptime throughout all of our websites.”
The corporate additionally reported that its bitcoin holdings have been now at 301 BTC, an building up of 32% since December 2022. In step with the file, “The Corporate funded enlargement and operations in the course of the sale of 624 bitcoins in January 2023 at a mean of roughly $19K according to BTC. Gross sales of BTC equated to proceeds of roughly $11.9 million.”
CleanSpark these days has a fleet of roughly 66,000 latest-generation bitcoin miners with a hash charge of 6.6 EH/s, an building up of seven% from December 2022 and up 214% from January 2022 respectively. Simply ultimate month, CleanSpark reported breaking flooring on its latest bitcoin mining facility, a deliberate 50 MW growth in Washington, Georgia.
Then again, the corporate has no longer long gone with out its demanding situations, because it faces an investor lawsuit, and maximum lately, a legislation company investigation into the officials and administrators of the corporate. The newest movement to push aside that lawsuit used to be denied in court docket.
Regardless of those traits, the corporate is constant to transport ahead with its growth plans, and is apparently positive about its long term possibilities within the bitcoin mining trade. Isaac Holyoak, CleanSpark’s leader communications officer, commented to Bitcoin Mag that “It is a frivolous lawsuit and we can proceed to vigorously protect ourselves.”
Article up to date February 2 to incorporate feedback from CleanSpark.
