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CleanSpark, the leading Bitcoin miner, has revealed its May update on Bitcoin mining. According to a press report on Tuesday, the firm mined 417 Bitcoin (BTC) last month, bringing its total holdings to 6,154 BTC.
CleanSpark sold 2. 43 BTC in May at an average value of around $59,000, with an average withdrawal of 13. 45 BTC and a maximum of 15.
According to Zach Bradford, CEO of CleanSpark, the company’s functionality exceeded industry expectations in the first full month after Bitcoin halved. He also highlighted innovations in the company’s power and hash rate growth, peaking at approximately 18 exahashes per second.
“We achieved a new record of approximately 18 exahash per moment and at the same time further expanded our power to 23. 05 joules per terahash. As we continue to increase our hashrate, we are on track to temporarily restore our production to pre-halving levels. ,” Bradford said.
In addition to operational progress, CleanSpark is actively pursuing mergers and acquisitions. As stated in the press release, the company plans to close its first location in Wyoming soon.
“We plan to close the first Wyoming in the coming days and continue to actively pursue more opportunities that align with the CleanSpark method,” Bradford said.
The operational update also revealed the progress made in Dalton’s expansion. Once completed, the installation is expected to contribute another 0. 8 EH/s to the CleanSpark hashrate.
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