The significant increase in production for the month of July was due to a substantial increase in the number of miners deployed over the past 30 days. Cumulatively, the company has mined more than 520 Bitcoins since entering the mining sector last December. The Company produced 147.8 Bitcoins during the month of July. CleanSpark expects to approach 2.0EH/s by the close of calendar 2021, and 3.2EH/s by the end of September 2022. With a Bitcoin price of $40,000 and current difficulty rates, 1.0 EH/s would result in an annual run rate of $136 million of revenue, in the mining segment alone. Upon deployment of these units, the Company expects to exceed a hashrate capacity of 1.0 EH/s, which would produce approximately 9.3 Bitcoin per day assuming current difficulty. Additional units are scheduled for delivery in late August.
Another 1,670 units, capable of producing approximately 148 PH/s or approximately 1.4 Bitcoin per day, have just been received and are expected to be installed this month. 95% Carbon-Free Bitcoin Annual Run Rate Nearing $136M.ĬleanBlok, the Company's Bitcoin mining division, now has over 7,500 of the latest generation mining units deployed with a hashrate capacity of over 740 PH/s, currently producing approximately 6 Bitcoin per day at today's difficulty rates.
CLEANSPARK INVESTOR RELATIONS SOFTWARE
(Nasdaq: CLSK) (the "Company" or "CleanSpark"), a clean Bitcoin mining and a diversified software and services company, today announced updates to a number of strategic initiatives related to its Bitcoin and Energy business units.ĬLSK Tops 6 Bitcoin Per Day, Deploys 200 MicroGrid Batteries.
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