Bitcoin miner CleanSpark mined 697 BTC in January, doubling its production from the previous month.
“We had a banner month, and not just because we mined a record number of bitcoin,” CEO Zach Bradford said. “We also had our most reliable month ever, achieving 98% uptime across all of our sites.
The company reached a hash rate of 6.6 EH/s, up 7% month-over-month, ramping up capacity after acquiring multiple sites and thousands of machines at discounted prices last year from troubled miners.
The company sold 624 BTC (around $11.9 million) throughout the month to fund operations and growth. It owned 301 BTC as of Jan. 31.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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