CleanSpark Mines 494 BTC in July, Sells 2.54 BTC

IconCryptoNewsTerminal Staff02 Aug, 2024

cryptonews.jpg

CleanSpark Mines 494 BTC in July, Sells 2.54 BTC

Bitcoin miner CleanSpark (NASDAQ: CLSK) mined 494 BTC in July, according to Cointelegraph. This is a significant increase from the 391 BTC that the company mined in June. CleanSpark also sold 2.54 BTC at an average price of $62,000 during the month. As of the end of July, CleanSpark held 7,082 BTC, up from 6,588 BTC at the end of June. The company's hashrate has also increased since the end of June, from 2.3 EH/s to 2.9 EH/s. CleanSpark is one of the largest publicly traded Bitcoin miners in the United States. The company has been expanding its operations rapidly in recent months, acquiring new mining facilities and increasing its hashrate. CleanSpark's investment in Bitcoin mining is a bet on the long-term value of the cryptocurrency. Despite the recent volatility in the Bitcoin market, CleanSpark believes that Bitcoin will continue to grow in value over time.

Related News