CleanSpark, the innovative software and services company, has achieved a remarkable milestone in the world of Bitcoin mining, reaching an unprecedented 10 EH/s hash rate, solidifying its position as a leader in the industry.
CleanSpark, a leading Bitcoin mining company, has made significant strides in improving its operations and efficiency. The company has achieved incremental growth through a combination of software optimizations and fleet improvements.
CleanSpark’s operational teams have been replacing older ASICS with the newer and more efficient Antminer XPs. This upgrade has resulted in a fleet wide efficiency rating of 27.8 joules per terahash (J/TH). The software optimizations have played a crucial role in driving these gains.
In addition, CleanSpark recently purchased 4.4 EH/s of Antminer S21 bitcoin mining machines. These machines are expected to be delivered in early 2024 and will further enhance CleanSpark’s total hashrate to over 20 EH/s. The S21 miners are 20% more efficient than the XP models, with an efficiency rating of 17.5 J/TH.
Zach Bradford, CleanSpark’s CEO, expressed his excitement about the company’s optimizations and expansions. He believes that these efforts will position CleanSpark as one of the best-prepared companies for the upcoming halving.
CleanSpark is dedicated to responsible Bitcoin mining and operates data centers that run on low-carbon power. The company aims to cultivate trust and transparency among its employees and the communities it operates in.
Disclaimer: This blog post contains forward-looking statements. Actual results may vary from the predictions due to various factors, including but not limited to the performance of the Antminer S21 bitcoin miners, timing of delivery and installation, availability and cost of electrical power, and government regulations. Investors are advised to exercise caution when making investment decisions based on forward-looking statements.
For more information, visit CleanSpark’s website at www.cleanspark.com.
Investor Relations Contact:
Brittany Moore
702-989-7693
[email protected]
Media Contact:
Eleni Stylianou
702-989-7692
[email protected]
