CleanSpark has seen its Bitcoin production increase by over 50% year-on-year, despite the difficulties faced by BTC miners post-halving. In June, the company achieved an operational hashrate of 50 EH/s, a significant rise from 20.4 EH/s the previous year, marking a 145.1% increase in mining capacity. Last month, CleanSpark mined 685 BTC valued at $74.2 million, up from 445 BTC in June 2024. CEO Zach Bradford attributed this growth to the dedicated efforts of their operations and technology teams, which added over 10 EH/s of capacity across four states, resulting in a 9.6% month-over-month increase. CleanSpark sold 578 BTC in June, maintaining a total of 12,608 BTC, ranking seventh among publicly traded companies. Only MARA Holdings and Riot Platforms hold more BTC. Despite a broader market decline, CleanSpark continues to expand its operations across several U.S. states and recently acquired 26,000 Bitmain immersion mining rigs for $168 million. Read more AI-generated news on: https://app.chaingpt.org/news

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