CleanSpark, Inc., America’s Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2023.
“We made substantial progress growing our bitcoin holdings this quarter, while continuing to advance our growth plans,” said Zach Bradford, CEO. “This was a quarter of execution for us, as we expect the Washington expansion to go live later this week. We also anticipate that our recently announced acquisition, two facilities located in Dalton, Georgia, will be fully operational this month. This is a tremendous accomplishment as we work to build some of the finest bitcoin infrastructure in North America.”
June Bitcoin Mining Update (unaudited)
- Bitcoin mined in June: 491
- CY2023 bitcoin mined: 3,495
- Total BTC holdings as of June 30: 529
- Total BTC converted for operations and growth in June: 413
- Currently deployed fleet of about 68,678 latest-generation bitcoin miners with a hashrate of 6.7 EH/s
The Company funded growth and operations through the sale of 413 bitcoins in June 2023 at an average of approximately $27,200 per BTC. Sales of BTC equated to proceeds of approximately $11.2 million. June daily BTC mined averaged 16.4 and reached a high of 17.4.
Operational Updates
Dalton. CleanSpark’s newest campus, which consists of two facilities in the town of Dalton, Georgia, began hashing almost immediately after the acquisition was announced in late June. Machines are being racked daily, with about 1,500 machines currently online. An additional 4,500 machines are expected to go live in the coming weeks.
Washington. The 50MW expansion is expected to energize by the end of the week. Over 14,000 machines are racked and ready to start hashing.
Sandersville. Crews continue to make major headway as they prep the land for CleanSpark’s ambitious expansion in Sandersville. The planned expansion will add over 6 EH/s to CleanSpark’s mining operations.
About CleanSpark
CleanSpark is America’s Bitcoin Miner™. Since 2014, we’ve helped people achieve energy independence for their homes and businesses. In 2020, we transitioned that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. We strive to leave the planet better than we found it by sourcing and investing in low-carbon energy, like wind, solar, nuclear, and hydro. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. CleanSpark holds the 44th spot on the Financial Times’ 2022 List of the 500 Fastest Growing Companies in the Americas and ranks thirteenth on Deloitte’s Fast 500. For more information about CleanSpark, please visit our website at www.cleanspark.com.