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.
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Source: https://www.theblock.co/post/208057/cleanspark-doubles-bitcoin-production-in-january-to-697?utm_source=rss&utm_medium=rss