The Block Crypto News19 minutes ago

Published on July 02, 2024 16:47 GMT+00:00edited on July 02, 2024 16:49 GMT+00:00

CleanSpark mined 445 bitcoin last month, up from May’s 417 mined. The bitcoin miner said it exceeded its mid-year target of 20 EH/s in operational hashrate due to its acquisition of five new bitcoin mining sites in Georgia.

The company sold 8.06 bitcoin in June at an average price of approximately $67,514 per bitcoin, according to a press release. The average hashrate throughout the month was 17.85 EH/s.

"Surpassing 20 EH/s in operational hashrate is more than double our hashrate from December," said CEO Zach Bradford. "While our peers are exploring other avenues of income, we're laser-focused on delivering results and increasing our bitcoin mining hashrate and associated revenues. We continue to maximize efficiency at our existing sites and look forward to the opportunities ahead of us …