Market Cap: $2,219,247,322,453
24h Vol: $41,769,028,668
Cryptocurrencies: 29683
Markets: 110822
Cryptocurrencies: 29683
Markets: 110822
Market Cap: $2,219,247,322,453     
24h Vol: $41,769,028,668
Seeking Alpha 2023-01-04 14:47:55

CleanSpark mines 464 bitcoin in December

CleanSpark mines 464 bitcoin in December
CleanSpark ( NASDAQ: CLSK ) mined 464 bitcoin ( BTC-USD ) in December 2022, bringing annual production to 4,621 - a growth of over 200%. In November 2022, the company mined 535 bitcoin ( BTC-USD ). The monthly drop was attributed to winter storm Elliot that led to temporary power down of operations. Total BTC holdings as of December 31 were 228. December daily BTC mined averaged about 15 and reached a high of 22. The company funded growth and operations through the sale of 517 bitcoins in December 2022 at an average of ~$17K/BTC. Sales of BTC equated to proceeds of ~$8.7M. It currently has 63,700 latest-generation bitcoin miners deployed with a hashrate of 6.2 EH/s, up 13% from November 2022.
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