Bitcoin miner CleanSpark records highest single mining day in April in post-halving report

CleanSpark
has
released
its
first
monthly
unaudited

Bitcoin
mining
and
operations
update
since
the
halving.
The
company
exceeded
17
EH/s
in
hashrate,
mining
an
impressive
721
BTC
with
a
record
daily
high
of
over
48
BTC.

CEO
Zach
Bradford
highlighted
the
company’s
monthly
gains
in
efficiency
metrics
as
they
deploy
advanced
S21
machines
across
their
expanding
facilities.
These
improvements
have
amplified
mining
output
and
optimized
operational
costs.
He
commented,

“The
remarkable
increase
in
transaction
fees
immediately
following
the
halving
has
significantly
bolstered
our
bitcoin
production
this
month,
resulting
in
a
robust
increase
to
our
bitcoin
treasury.”

Bradford
emphasized
CleanSpark’s
industry-leading
scale
and
low
mining
costs,
positioning
them
to
excel
in
the
new
post-halving
environment.
The
company
has
already
observed
signs
of
less
efficient
miners
ceasing
operations,
which
is
expected
to
contribute
to
a
decline
in
the

global
hash
rate
and
a
temporary
yet
beneficial

correction
in
Bitcoin’s
spot
price
over
the
coming
weeks.

In
April
2024,
CleanSpark
mined
721
BTC,
bringing
their
year-to-date
total
to
2,752
BTC.
As
of
April
30,
the
company
held
5,739
BTC
in
its
treasury.
CleanSpark
sold
2.88
bitcoin
in
April
at
an
average
price
of
approximately
$64,000
per
Bitcoin.
Their
deployed
fleet
consisted
of
136,496
miners
with
a
month-end
fleet
efficiency
of
24.22
J/TH
and
a
current
hashrate
of
17.3
EH/s.

The
company
is
making
progress
on

expanding
its
Dalton,
GA,
campus.
Once
complete,
the
expansion,
referred
to
as
Dalton
4,
will
run
a
fleet
of
S21s
in
a
15MW
facility,
adding
approximately
0.8
EH/s.
This
will
bring
CleanSpark’s
total
hashrate
at
the
Dalton
campus,
consisting
of
four
independent
data
centers,
to
2.4
EH/s.

CleanSpark’s
strong
performance
in
April
demonstrates
its
ability
to
thrive
in
the
competitive
post-halving
Bitcoin
mining
landscape.
With
its
focus
on
efficiency,
expanding
operations,
and
strategic
planning,
the
company
believes
it
is
well-positioned
for
continued
success
in
the
months
and
years
ahead.

Mentioned
in
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article