CleanSpark Achieves 50 EH/s Hashrate Milestone in Bitcoin Mining
CleanSpark (CLSK), a U.S. bitcoin mining firm, has achieved an operational hashrate of 50 exahashes per second (EH/s), positioning it among the largest global mining operations.
- The company operates over 30 sites across Georgia, Mississippi, Tennessee, and Wyoming.
- A vertically integrated setup allows CleanSpark to control energy procurement and operations, reducing costs and increasing uptime.
- CEO Zach Bradford highlighted that this milestone reflects years of strategic focus and disciplined execution.
- The firm aims to scale up to 60 EH/s and is currently in "escape velocity" mode.
- CleanSpark's Digital Asset Management division manages over 12,500 self-mined bitcoins to generate returns and support expansion without issuing new shares.