{"id":38896,"date":"2024-10-03T18:27:48","date_gmt":"2024-10-03T18:27:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cleanspark-mined-493-bitcoin-in-september\/"},"modified":"2024-10-03T18:27:48","modified_gmt":"2024-10-03T18:27:48","slug":"cleanspark-mined-493-bitcoin-in-september","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cleanspark-mined-493-bitcoin-in-september\/","title":{"rendered":"CleanSpark mined 493 Bitcoin in September"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1687370643073-a8a1324a-3037-438e-912a-fe035f56b79d-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1687370643073-a8a1324a-3037-438e-912a-fe035f56b79d-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1687370643073-a8a1324a-3037-438e-912a-fe035f56b79d-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1687370643073-a8a1324a-3037-438e-912a-fe035f56b79d-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>CleanSpark also increased its hashrate by 187% between September 30, 2023 and September, 30, 2024.<\/li>\n<li>Expansion and acquisitions are crucial for the organic growth.<\/li>\n<\/ul>\n<p>Bitcoin miner CleanSpark mined a total of 493 BTC in September, according to details in an <a href=\"https:\/\/investors.cleanspark.com\/news\/news-details\/2024\/CleanSpark-Releases-September-2024-Bitcoin-Mining-Update\/default.aspx\" target=\"_blank\" rel=\"noopener\">unaudited update<\/a> published on Oct. 4.<\/p>\n<p>This brought the company\u2019s total bitcoin mined year-to-end of September to 5,079.<\/p>\n<p>Moreover, total BTC mined in FY2024 rose to 7,098. With these figures, the total Bitcoin treasury holdings rose to 8,049 as of Sept. 30. While the increase marked a 258% spike over the past year as of the end of Sept., CleanSpark noted it sold 2.5 BTC during the month.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Another year, another proven track record. \ud83c\udfce\ufe0f\ud83d\udee3\ufe0f\ud83c\udfc1<a href=\"https:\/\/twitter.com\/search?q=%24CLSK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$CLSK<\/a> finished FY2024 with over 8,000 <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a> in treasury, reaching 27.6 EH\/s in hashrate and 552 MW of operational capacity at wholly-owned sites. These are increases of 258%, 187% and 132% from FY2023 respectively.<\/p>\n<p>Despite\u2026 <a href=\"https:\/\/t.co\/alcSQ6BIFw\">pic.twitter.com\/alcSQ6BIFw<\/a><\/p>\n<p>\u2014 CleanSpark Inc. (@CleanSpark_Inc) <a href=\"https:\/\/twitter.com\/CleanSpark_Inc\/status\/1841829219308839000?ref_src=twsrc%5Etfw\">October 3, 2024<\/a><\/p>\n<\/blockquote>\n<h2>Hashrate jumped to 27.6 EH\/s<\/h2>\n<p>CleanSpark, a publicly-traded miner whose share price also rose significantly in the past year, also announced a surge in its hashrate.<\/p>\n<p>As of September 30, 2024, CleanSpark\u2019s hashrate stood at 27.6 EH\/s \u2013 up from 9.6 EH\/s and indicating a one year increase of 187%. The company added 5 EH\/s to its capacity in September.<\/p>\n<p>In a comment, CleanSpark CEO Zach Bradford said:<\/p>\n<p>\u201cDuring the past year, we grew our hashrate from 9.6 EH\/s to 27.6 EH\/s, or 187%, with 5 EH\/s coming online just during the month of September. The Company executed its plan to strategically diversify its portfolio across three new states and completed multiple expansions at existing data centers.\u201d<\/p>\n<h2>What helped CleanSpark to grow its hashrate?<\/h2>\n<p>Growth was down to CleanSpark getting through the pre-halving and post-halving period and the closure of multiple acquisitions. It includes the <a href=\"https:\/\/coinjournal.net\/news\/cleanspark-acquires-bitcoin-miner-griid-for-155-million\/\">GRIID Infrastructure deal<\/a> and <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-miner-cleanspark-expands-with-first-site-acquisition-in-wyoming\/\">expansion to new sites<\/a> in the US.<\/p>\n<p>With the expansion efforts, and emerging from Hurricane Helene relatively unscathed means further hashrate growth. According to Bradford, CleanSpark could hit 30 EH\/s by the end of October 2024 and forecast 50 EH\/s in 2025.<\/p>\n<p>The Bitcoin miner released its unaudited update as <a href=\"https:\/\/coinjournal.net\/news\/crypto-market-on-a-free-fall-as-iran-launches-missiles-into-israel\/\">BTC price struggled<\/a> amid negative sentiment around geopolitical chaos in the Middle East. At the time of writing, the flagship cryptocurrency traded around $60,663, down 1.5% in the past 24 hours and -7.3% over the past week.<\/p>\n<p>CLSK, on the other hand, changed hands at $8.58, about 2.5% down on the day. The crypto stock was down 17.7% in the past five days.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/cleanspark-mined-493-bitcoin-in-september\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) CleanSpark also increased its hashrate by 187% between September 30, 2023 and September, 30, 2024. Expansion and acquisitions are crucial for the organic growth. Bitcoin miner CleanSpark mined a total of 493 BTC in September, according to details in an unaudited [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":38897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38896"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38896"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38897"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}