Cleanspark Releases October 2023 Bitcoin Mining Update
CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited Bitcoin (or "BTC") mining in addition to operations update for the calendar month ending Oct 31, 2023.
The Company sold 562 BTC in October 2023 at an average of close to $28,600 per BTC. Sales of BTC equated to proceeds of some $xvi meg. October daily BTC mined averaged xx.42 and reached a high of 22.
Sandersville. No serious delays accept been reported in addition to site structure remains on track for an expected yearend completion. Notable updates include: steel together with roof structures are complete for Buildings 1, two, in addition to three; racks accept as well been installed for these buildings. Most of the conduit has been installed site wide together with the majority of concrete has been poured for the remaining buildings.
SOURCE CleanSpark, Inc.
"Our recent achievement of ten EH/second, amongst about 89,000 operational machines, demonstrates our power to maximize efficiency to create more than hashrate using the same amount of free energy. Energy too capital letter efficiency are paramount to our operations," said Zach Bradford, CEO. "
A combination of software optimizations as well as hardware upgrades take led to impressive gains inward our total hashrate without requiring additional ability at our existing sites. Our fleet-broad efficiency is immediately estimated at 27.32 J/Thursday (joules per terahash) as well as, amongst the ongoing arrival of new XPs in addition to inward anticipation of the Antminer S21s nosotros ordered inward October, nosotros expect to proceed to make on these accomplishments across one of the largest and well-nigh efficient mining operations inward the industry.
"Our expected efficiency of 23.v J/Th, once all new machines are deployed, non exclusively reduces operational costs merely it likewise ensures we are good prepared for the Bitcoin halving side by side twelvemonth. We're proud of our information-driven achievements too remain committed to embedding efficiency throughout our operational framework."
Oct Bitcoin Mining Update (unaudited)
- Bitcoin mined inwards October: 633
- CY2023 bitcoin mined: six,005
- Total BTC holdings every bit of Oct 31: 2,311
- Total BTC sold inward October: 562
- Deployed fleet: 88,825
- Month-terminate fleet efficiency: 27.32 J/Th
- Current hashrate: 10.02 EH/sec
The Company sold 562 BTC in October 2023 at an average of close to $28,600 per BTC. Sales of BTC equated to proceeds of some $xvi meg. October daily BTC mined averaged xx.42 and reached a high of 22.
Operational update
Sandersville. No serious delays accept been reported in addition to site structure remains on track for an expected yearend completion. Notable updates include: steel together with roof structures are complete for Buildings 1, two, in addition to three; racks accept as well been installed for these buildings. Most of the conduit has been installed site wide together with the majority of concrete has been poured for the remaining buildings.
"I'k pleased to written report that structure is on schedule for our Sandersville expansion," said Scott Garrison, senior vice president of increase. "Over the coming weeks, the remaining structures are expected to apace decease through diverse stages of construction every bit multiple trades go together to build what nosotros believe volition be the largest digital asset information heart inward Georgia."
SOURCE CleanSpark, Inc.
