CandleFocus Bitcoin miner CleanSpark grew its hashrate by 187% over the past year
2024-10-03
Author: Content Editor
CleanSpark, a publicly-traded Bitcoin mining company, has revealed in its unaudited Bitcoin mining update that its hashrate increased by 187% in the fiscal year ending September 2024. The company also experienced significant growth in its treasury holdings and share price. Despite challenges such as the impact of Hurricane Helene, CleanSpark continues to expand and expects to reach a total hashrate of 30 EH/s in October 2024. The company's strategic approach, including diversification and acquisitions, has contributed to its growth. CleanSpark has also increased its total Bitcoin holdings to over 8,000 BTC.
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