- Cleanspark targets 50 EH/s in first six months of 2025.
- The Bitcoin miner reached 37.5 EH/s in 2024, exceeding the projected hashrate amid expansion efforts.
Bitcoin mining firm CleanSpark has surpassed its 2024 working hashrate aim of 37 exahashes per second, hitting the main milestone amid expansion efforts in the US.
On Dec. 23, the Nasdaq-listed BTC miner presented it carried out 37.5 EH/s, surpassing its 2024 guidance of reaching 37 EH/s. The Bitcoin miner hit its guidance for the three hundred and sixty five days amid a leap in hasty efficiency, which reached 17.7 Joules per Terahash (J/Th), which now sees the agency aim 50 EH/s in the foremost half of 2025.
300% hashrate surge in 2024
Extra hashrate got right here from the newly energized websites. CleanSpark’s acqusition provides and hasty upgrades also helped the miner hit the above phases.
Major to the firm’s efforts are its original data centers in Tennessee and Wyoming coming on-line this past week.
“Our groups were laborious at work at some level of the total thing of this past three hundred and sixty five days. Now we safe delivered on our ambitious targets and expanded our hashrate nearly 300% for the reason that starting of 2024. Reaching 37.5 EH/s with a hasty efficiency of 17.7 J/Th is a main milestone, and we intend to continue adding extremely efficient hashrate by the pause of the three hundred and sixty five days and into 2025,” Zach Bradford, the executive govt officer and president of CleanSpark mentioned in an announcement.
CleanSpark recently closed a $650 million convertible bond providing and plans to employ the capital to fund its suppose to 50 EH/s. With the funding in verbalize, the firm expects to hit this original milestone in H1, 2025.
On Dec. 3, the miner presented that its November manufacturing stood at 622 BTC mined. The working hashrate at the pause of the month became as soon as 33.7 EH/s. The assortment of deployed miners hovered at 195,059 whereas hasty efficiency hit 19.05 J/Th.
In total, the BTC miner held 9,297 BTC at the pause of November.
