626 bitcoin mined and 40 EH/s surpassed in working hashrate
Greater than 8% fleet effectivity enchancment month over month
LAS VEGAS, Feb. 4, 2025 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), America’s Bitcoin Miner® (the “Firm”), right this moment launched its unaudited bitcoin mining and operations replace for the month ending January 31, 2025.
“CleanSpark powered via January, persevering with to enhance effectivity and attain new milestones regardless of historic climate occasions throughout a number of of our areas. We crossed the 40 EH/s milestone, achieved greater than 10,500 bitcoin held in treasury, and celebrated the five-year anniversary of our uplisting on Nasdaq by ringing the bell final week,” stated Zach Bradford, CEO and President of CleanSpark. “Now, the complete workforce is concentrated on executing our path to 50 EH/s and constructing on our prime three place throughout working hashrate, marginal value per coin, fleet effectivity, bitcoin held, and whole uptime. This month we noticed our interruptible energy contracts in motion as we curtailed parts of the portfolio throughout excessive chilly climate occasions. We demonstrated our capacity to assist our utility and neighborhood companions, particularly through the coldest 5 days, and the profit to our broad regional portfolio technique by mitigating downtime within the Southeast with restricted interruption throughout our different areas. Regardless of the climate, development in Tennessee, Georgia, and Wyoming continues as we march towards our midyear aim.”
January Bitcoin Mining Replace (unaudited)
- Bitcoin produced in January: 626
- Complete bitcoin holdings as of January 31: 10,556
- Month-end working hashrate: 40.1 EH/s
- MW beneath contract: 873 MW1
- Month-end fleet effectivity: 16.15 J/Th
- Complete bitcoin offered in January: 22.47
- Deployed fleet: 217,272
- CY2025 bitcoin produced: 626
All through January 2025, the Firm’s common hashrate was 34.76 EH/s and common fleet effectivity was 17.37 J/Th, leading to a median of 20.19 bitcoin mined day by day. The one day excessive reached 22.89 bitcoin. The Firm offered 22.47 bitcoin throughout January 2025 at a median worth of roughly $100,412 per bitcoin.
1MW consists of all contracted energy capability for wholly owned websites and excludes contracted capability via internet hosting agreements and/or different non-binding preparations.
Extra Updates
Twin Metropolis, Georgia. A brand new 12 MW web site in Georgia housing S21 Professional miners is nearly absolutely on-line, with roughly 0.7 EH/s contributing to CleanSpark’s working hashrate. The remaining 0.1 EH/s is anticipated to return on-line within the coming weeks.
Cheyenne, Wyoming: We’re actively deploying in our technologically superior immersion setting and stay on monitor for completion on this quarter. Full deployment is anticipated to contribute 5 EH/s to CleanSpark’s best hashrate as soon as absolutely energized utilizing the newest era S21 XP Immersion machines.
About CleanSpark
CleanSpark (Nasdaq: CLSK), America’s Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a confirmed monitor document of success. We personal and function a portfolio of mining services throughout the USA powered by globally aggressive power costs. Sitting on the intersection of Bitcoin, power, operational excellence and capital stewardship, we optimize our mining services to ship superior returns to our shareholders. Monetizing low-cost, excessive reliability power by securing a very powerful finite, international asset – Bitcoin – positions us to prosper in an ever-changing world. Go to our web site at www.cleanspark.com.
Ahead-Wanting Statements
This press launch comprises forward-looking statements throughout the which means of the Non-public Securities Litigation Reform Act of 1995. On this press launch, forward-looking statements embrace, however might not be restricted to, statements relating to the Firm’s expectations, beliefs, plans, intentions, and methods. In some circumstances, you possibly can establish forward-looking statements by phrases equivalent to “could,” “will,” “ought to,” “expects,” “plans,” “anticipates,” “might,” “intends,” “targets,” “tasks,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “proceed” or the detrimental of those phrases or different related expressions. The forward-looking statements are topic to quite a lot of identified and unknown dangers, uncertainties and different necessary components that will trigger our precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements, together with, however not restricted to: completion and efficiency of Jackson, Tennessee, Cheyenne, Wyoming, and Twin Metropolis, Georgia information facilities; anticipated additions and targets to CleanSpark’s hashrate and the timing thereof; the chance that {the electrical} energy accessible to our services doesn’t enhance as anticipated; the success of its digital foreign money mining actions; the risky and unpredictable cycles within the rising and evolving industries during which we function; rising problem charges for bitcoin mining; bitcoin halving; new or further governmental regulation; the anticipated supply dates of latest miners; the flexibility to efficiently deploy new miners; the dependency on utility price constructions and authorities incentive packages; dependency on third-party energy suppliers for enlargement efforts; the expectations of future income progress might not be realized; and different dangers described within the Firm’s prior press releases and in its filings with the Securities and Trade Fee (SEC), together with beneath the heading “Threat Components” within the Firm’s Annual Report on Type 10-Ok for the fiscal 12 months ended September 30, 2023, and any subsequent filings with the SEC. Ahead-looking statements contained herein are made solely as to the date of this press launch, and we assume no obligation to replace or revise any forward-looking statements on account of any new info, modified circumstances or future occasions or in any other case, besides as required by relevant regulation.
Investor Relations Contact
Barbara Domingo
702-989-7693
ir@cleanspark.com
Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com
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SOURCE CleanSpark, Inc.
Featured Picture: Unplash @ Kanchanara
