Business
CleanSpark Releases March 2025 Bitcoin Mining Update
Exceeds 700 bitcoin produced, a 13% gain month over month Achieves 42.4 exahash, an increase of 4.2% month over month 11,869 bitcoin held in treasury LAS
About this update from Cleanspark, Inc.
[{"type":"text","content":"Exceeds 700 bitcoin produced, a 13% gain month over month\nAchieves 42.4 exahash, an increase of 4.2% month over month\n11,869 bitcoin held in treasury\nLAS VEGAS, April 4, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the \"Company\"), today released its unaudited bitcoin mining and operations update for the month ending March 31, 2025.\n\n \n \n \n \n \n \n\n \n\"We've remained focused on executing our strategy and have built a strong foundation for scalable growth — including the addition of nearly 2 EH/s in Wyoming in March,\" said Zach Bradford, CEO and President of CleanSpark. \"Success isn't just about setting ambitious targets; it's about delivering results through consistent operational excellence. In March alone, we increased bitcoin production by 13%, generating 706 bitcoin. With nearly a gigawatt of energy under contract and a robust growth pipeline, our future is bright. Holding nearly 12,000 bitcoin in treasury, CleanSpark is well-positioned for the road ahead.\"\n\"While the recently announced tariffs may temporarily raise industry-wide growth costs, CleanSpark is well-prepared. The majority of our miners and infrastructure required to meet near-term goals are already stateside. We believe our advantages — including a lower cost of capital, superior purchasing power, and best-in-class operations — set us apart. These tariffs may slow down competitors who lack our scale and resilience, but we're confident in our ability to maintain our momentum and lead the industry forward.\"\nMarch Bitcoin Mining Update (unaudited) \nBitcoin produced in March: 706Total bitcoin holdings as of March 31: 11,869Month-end operating hashrate: 42.4 EH/sMW under contract: 915 MW1Average fleet efficiency: 17.03 J/ThTotal bitcoin sold in March: 14.23Deployed fleet: 205,412CY2025 bitcoin produced: 1,956Throughout March 2025, the Company's average hashrate was 40.2 EH/s and average fleet efficiency was 17.03 J/Th, resulting in an average of 22.78 bitcoin mined daily. The single day high reached 23.52 bitcoin. The Company sold 14.23 bitcoin during March 2025 at an average price of approximately $87,742 per bitcoin.\n1MW includes all contracted power capacity for wholly owned sites and excludes any other non-binding arrangements. \nAdditional UpdatesMississippi and Georgia: CleanSpark is actively expanding sev...