Bitcoin miner CleanSpark generated roughly $8.8 million from the sale of 426 BTC in July, based on an average bitcoin price of $20,768.
CleanSpark shows positive signs in mining sector
Based on a monthly average bitcoin price of $20,768 and the sale of 426 BTC by bitcoin miner CleanSpark, the miner made almost $8.8 million. In its most recent monthly statement, the company stated that it planned to utilize the money to finance its own operations and growth.
In order to get a better deal, the company said that between June and July it had purchased 2,861 mining equipment. It increased its total hash rate by 93 petahashes per second (PH/s) last month by purchasing 1,061 Whatsminer M30S machines.
“We are seeing unprecedented opportunities in this market,(…). We believe that our operational strategy focused on efficiency, up-time and execution will allow these metrics to continually improve.”
Zach Bradford, CEO of CleanSpark said
CleanSpark’s fleet consisted of 30,450 miners as of July 31 and had a total hash rate of 2.9 EH/s. By the conclusion of the month, the company had 519 BTC in reserves after mining 384 BTC in July.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Bitcoin Miner CleanSpark Sold 426 BTC In July
Bitcoin miner CleanSpark generated roughly $8.8 million from the sale of 426 BTC in July, based on an average bitcoin price of $20,768.
CleanSpark shows positive signs in mining sector
Based on a monthly average bitcoin price of $20,768 and the sale of 426 BTC by bitcoin miner CleanSpark, the miner made almost $8.8 million. In its most recent monthly statement, the company stated that it planned to utilize the money to finance its own operations and growth.
In order to get a better deal, the company said that between June and July it had purchased 2,861 mining equipment. It increased its total hash rate by 93 petahashes per second (PH/s) last month by purchasing 1,061 Whatsminer M30S machines.
“We are seeing unprecedented opportunities in this market,(…). We believe that our operational strategy focused on efficiency, up-time and execution will allow these metrics to continually improve.”
Zach Bradford, CEO of CleanSpark said
CleanSpark’s fleet consisted of 30,450 miners as of July 31 and had a total hash rate of 2.9 EH/s. By the conclusion of the month, the company had 519 BTC in reserves after mining 384 BTC in July.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
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