Seeking Alpha
2022-06-02 13:17:07

CleanSpark mines 312 bitcoins in May

CleanSpark (NASDAQ:CLSK) mined 312 bitcoins (BTC-USD) in May, compared to 313 mined in April, as per its latest monthly production and operations update. May daily BTC production reached 10.69 vs. 10.75 in April. CleanSpark's bitcoin (BTC-USD) holdings totaled 550 as of May 31, compared with 448 as of April 30. The company deployed fleet of over 25K latest-generation bitcoin miners with a hashrate over 2.5 EH/s, up from over 24K miners with a hashrate of 2.4 EH/s at the end of April. It sold 210 bitcoins in May at an average of ~$32,639/BTC for proceeds of ~$6.9M.

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