Curious about how one company managed to mine a staggering 668 bitcoins in a single month? CleanSpark’s recent report reveals not only their impressive mining achievements for December 2024 but also their ambitious growth strategy. With an average of 21.56 bitcoins dug up daily and a peak of 22.46, the company didn’t stop there. They also sold 12.65 bitcoins, each at a whopping $101,246, while holding nearly 10,000 bitcoins by the end of the year. Plus, with new mining facilities sprouting up in Mississippi, Tennessee, and Wyoming, CleanSpark is clearly on a path to redefine the Bitcoin mining landscape! Interested in the full scoop? You can LEARN MORE.
Key Notes
- In December 2024, CleanSpark mined 668 bitcoins, averaging 21.56 daily, with a peak of 22.46.
- CleanSpark sold 12.65 bitcoins at $101,246 each, holding 9,952 bitcoins by year-end.
- The company expanded into Mississippi, Tennessee, and Wyoming with new mining facilities.
CleanSpark Inc. released a report on its Bitcoin mining activities for December 2024. The company mined 668 bitcoins in December and 7,024 bitcoins in 2024. By December 31, 2024, the total Bitcoin holdings were 9,952.
Zach Bradford, the CEO and President of CleanSpark, said the company grew significantly in 2024, becoming a leader in hashrate, reducing costs, improving fleet performance, and managing its Bitcoin holdings efficiently.
Zach also said that CleanSpark Inc. did better than expected this year. The company reached a hashrate of 39.1 exahashes per second and made its equipment work more efficiently. They hit these goals earlier than planned. In December 2024, their average hashrate was 35.52 exahashes per second, and their fleet efficiency was 18.06 J/Th of energy. This performance helped them mine an average of 21.56 bitcoins each day, with the highest amount of 22.46 bitcoins mined in one day. CleanSpark also sold 12.65 bitcoins in December 2024 for about $101,246 each. The company stated:
