Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash par seconde (EH/s), tripling in less than twelve months’ time. The news follows a number of expansions bitcoin mining operations have embarked upon during 2022’s tumultuous crypto market.
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Cleanspark’s Hashrate Surpasses 3 EH/S, Bitcoin Miner’s Executive Chairman Says Firm Was Prepared ‘for a Rough Market’
BK, the bitcoin mining operation Cleanspark (Nasdaq: CLSK) announced that the company’s hashrate has officially surpassed 3 EH/s. Cleanspark notes that the firm’s hashpower has jumped three times higher in less than a year and currently the company has 31,000 ASIC (application-specific integrated circuit) plates-formes minières. Selon la société, Cleanspark has recorded a “daily production high of 13.25 bitcoins.”
Cleanspark’s update on Tuesday follows the firm revealing it acquired thousands of next-generation ASIC miners at a discounted price. At the time the company said the crypto winter provided “unprecedented opportunities” and during the first week of August, it announced the acquisition of a plug-in-ready mining facility with up to 86 mégawatts (MW) of capacity. A large number of other bitcoin mining operations have been expanding and growing operations in 2022 as well.
Applied Digital recently revealed it obtained land in North Dakota for a mining facility after it secured a $15 millions de prêt to continue expansion. Puissance valide, a blockchain power solutions firm, annoncé that the company is building out more data centers in Canada.
En Lundi, the bitcoin mining operation Terawulf Inc. (Nasdaq: WULF) amended its existing joint venture agreement for the Nautilus Cryptomine bitcoin mining center. This month, Cipher Mining completed the firm’s 40 MW Texas mining facility that’s powered by wind and two weeks ago, BIT Mining révélé un $9.3 million registered direct offering.
After surpassing 3 EH/s, Cleanspark’s executive chairman Matt Schultz explained that the company had prepared for the crypto winter’s downturn. “We prepared for a rough market, which allowed us to take advantage of unique opportunities and propel the Company further,” Schultz detailed on Tuesday in a statement. “Because of that we’re growing our market share as a publicly traded bitcoin miner,” the executive added.
Entre-temps, a large quantity of shares stemming from publicly-listed bitcoin miners are down a great deal in value this year. Année à ce jour, CLSK has shed 68.33% contre les États-Unis. dollar and at one time it traded for more than $22 per share. BK, stock market data shows CLSK is changing hands for $4.29 a share.
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