- Cleanspark targets 50 EH/s through the first six months of 2025.
- The Bitcoin miner reached 37.5 EH/s in 2024, surpassing the hashrate deliberate as a part of the growth efforts.
Bitcoin mining firm CleanSpark has exceeded its 2024 operational hashrate goal by 37 exahashes per second, hitting a key milestone in U.S. growth efforts.
On December 23, the Nasdaq-listed BTC miner introduced that it had reached 37.5 EH/s, surpassing its 2024 goal of reaching 37 EH/s. The Bitcoin miner met its steering for the yr amid a rise in fleet effectivity, which reached 17.7 Joules per Terahash (D/Th), which now sees the agency goal of fifty EH/s within the first half of 2025.
300% improve in hashrate in 2024
Extra hashrate got here from newly boosted websites. CleanSpark’s acquisition offers and fleet upgrades have additionally helped the miner attain the above ranges.
The brand new information facilities in Tennessee and Wyoming, which got here on-line final week, are essential to the corporate's efforts.
“Our groups have labored arduous all through the previous yr. We now have achieved our formidable objectives and elevated our hashrate by virtually 300% because the begin of 2024. Reaching 37.5 EH/s with a fleet effectivity of 17.7 J/Th is a major milestone, and we now have the We intend to proceed including extremely efficient hashrate all through the remainder of the yr and into 2025,” mentioned Zach Bradford, CEO and President of CleanSpark in an announcement.
CleanSpark just lately closed a $650 million convertible bond providing and plans to make use of the capital to fund its development to 50 EH/s. With the financing in place, the corporate hopes to achieve this subsequent milestone within the first half of 2025.
On December 3, the miner introduced that its November manufacturing amounted to 622 BTC mined. The operational hashrate on the finish of the month was 33.7 EH/s. The variety of miners deployed hovered at 195,059 whereas fleet effectivity reached 19.05 J/Th.
In complete, the BTC miner held 9,297 BTC on the finish of November.
