Clean Spark, a Bitcoin miner, documents its most glorious day in April, according to its semi-annual report. In its first monthly unaudited report since a huge occurrence, Clean Spark reached the hash rate of 17 EH/s, earning considerable mining success with 721 BTC and setting a daily production record of more than 48 BTC.
Brief overview of Clean Spark’s achievements in April.
CEO Zach Bradford provided an update on the company’s monthly performance data as it prepares to deploy its latest S21 machines in its expanding infrastructure. These improvements have not only increased mining productivity but also reduced operational costs. Bradford commented:
“The remarkable increase in transaction fees immediately following the halving has significantly bolstered our bitcoin production this month, resulting in a robust increase to our bitcoin treasury.”
Bradford emphasized Clean Spark’s supremacy in scaling and cost-effectiveness across mining operations, which puts them favorably in the post-half outlook.
The business has previously hinted at firing ineffective miners, which is expected to result in a temporary but positive adjustment to the global hash rate and Bitcoin market price in the coming weeks.
Clean Spark mined 721 BTC in April 2024, bringing their total annual accumulation to 2,752 BTC. By April 30th, the company had 5,739 BTC in reserve. Clean Spark completed around 2.88 BTC at an average rate of around $64,000 per Bitcoin in April.
Their operational fleet consisted of 136,496 miners, with the fleet’s performance reaching 24.22 J/TH by the end of the month, with a current hash rate of 17.3 EH/s.
The company is progressing with its expansion of the Dalton, GA, campus. Upon completion, the Dalton 4 expansion will house a fleet of S21s in a 15MW facility, providing roughly 0.8 EH/s.
This extension on the Dalton campus will dramatically enhance Clean Spark’s total hash rate, which aims to reach 2.4 EH/s and house four self-contained data centers.
Clean Spark’s strong performance in April demonstrates its continued competitive advantage in the Bitcoin mining market after halving. With a focus on performance, expansion plans, and forward-thinking tactics, the company is certain that it will continue to succeed in the future months and years.