CleanSpark's Bitcoin holdings 13,011 as of September… efficiency and production both increased

Source
Suehyeon Lee

Summary

  • CleanSpark said it increased its Bitcoin holdings to 13,011 BTC as of the end of September.
  • In September, CleanSpark said production efficiency and mining volume improved year-on-year, and it mined 629 BTC.
  • CleanSpark said it is pursuing financial independence through a set percentage of Bitcoin sales and also operates a trading desk.

U.S. Bitcoin (BTC) miner CleanSpark's Bitcoin holdings increased in September.

On the 4th (local time), Cointelegraph reported that CleanSpark held a total of 13,011 BTC as of the end of September, and that production efficiency and mining volume improved year-on-year.

The company said it mined 629 BTC in September, and sold 445 BTC at an average price of $109,568 to secure about $48.7 million. During the same period, mining efficiency improved by 26%, and the monthly average operating hashrate was recorded at 45.6EH/s.

Since April, CleanSpark has been selling a fixed percentage of Bitcoin each month to pursue financial independence, and it also operates an institutional Bitcoin trading desk. In August, it sold 533.5 BTC to secure $60.7 million.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?