Bitcoin

<a href="https://ultramining.com/news/en/cleanspark-doubles-down-on-bitcoin-mining-with-55m-expansion/" rel="noopener noreferrer nofollow">CleanSpark</a> Inc. has released an impressive bitcoin mining update for May 2024. The company mined 417 bitcoins, increasing its total holdings to 6,154. CleanSpark, recognized as America's Bitcoin Miner™, outperformed industry expectations and peers in its first full month of production post-halving, according to <a href="https://investors.cleanspark.com/news/news-details/2024/CleanSpark-Releases-May-2024-Bitcoin-Mining-Update/default.aspx" rel="noopener noreferrer nofollow">Сleanspark</a>.
CEO Zach Bradford highlighted the company's achievements. CleanSpark reached nearly 18 exahashes per second while improving efficiency to 23.05 joules per terahash. This performance surpasses some competitors' pre-halving results. The company is rapidly progressing toward pre-halving production levels.
CleanSpark remains active in mergers and acquisitions, with an expected site closure in Wyoming. Additionally, the company held its first retail investor day at its immersion-cooled facility in Norcross, Georgia, fostering transparency and engagement.
For May, CleanSpark sold 2.43 bitcoins at an average price of $59,000. The company mined an average of 13.45 bitcoins daily, peaking at 15.0. The deployed fleet consisted of 134,464 units, with a month-end efficiency of 23.05 J/Th and a current <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/" rel="noopener noreferrer nofollow">hashrate</a> of 17.97 EH/s.
Operational updates include the Dalton expansion, which is progressing well. The expansion will house a fleet of S21s in a 15MW facility, achieving approximately 0.8 exahashes per second. Upon completion, the Dalton campus, comprising four <a href="https://ultramining.com/news/en/crypto-miners-shift-gears-ai-is-the-new-gold-rush/" rel="noopener noreferrer nofollow">data centers</a>, will operate at 2.4 EH/s.

CleanSpark’s May Bitcoin Mining Performance Exceeds Expectations

Ultramining_Eng

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