Bitcoin Miner CleanSpark Hits 2 EH/s to Join Ranks of Top North American Miners
The miner is now producing 10 bitcoins per day.
Jan 24, 2022 at 2:00 p.m. UTCUpdated May 11, 2023 at 5:55 p.m. UTC
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Bitcoin miner CleanSpark doubled its computing power over the past three months to reach 2 exahash per second (EH/s), joining the ranks of top publicly traded North American miners.
- The Las Vegas-based miner is now producing around 10 bitcoins per day “sustainably” and expects to add more capacity. “We have more capacity coming, in terms of both machines and access to additional energy,” CleanSpark CEO Zach Bradford said in a statement. “In fact, we believe we are one of the most efficient miners in terms of hashrate per megawatt and we are on track to maintain that,” he added.
- The 2 EH/s puts CleanSpak among the ranks of top North American miners, such as Hut 8, Hive Blockchain and Bitfarms, which all have hashrates at roughly similar levels, as indicated by their December production updates.
- The miner uses a mix of sustainable energy for its bitcoin mining operations that includes nuclear, hydroelectric, solar and wind. CleanSpark also buys carbon offsets to make up any difference to achieve its goal of being 100% net carbon neutral, according to the company's website.
- CleanSpark also uses liquid immersion cooling for its Norcross, Georgia, bitcoin mining facility to boost mining efficiency and is preparing to install a solar power system for the facility, according to the statement.
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Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets