CleanSpark (CLSK) has released an unaudited Bitcoin mining and operations update for November 2024. There were 622 Bitcoins mined in November. As of November 30th, total Bitcoin holdings were 9,2971. The total Bitcoin sold in November was 26.11, and the month-end fleet efficiency and operational hashrate were 19.05 J/Th and 33.7 EH/s, respectively. “Our team is working relentlessly to drive efficiencies and advance towards our year-end hash rate goal of 37 EH/s,” said CEO Zach Bradford. “Two turnkey Bitcoin mining sites near Clinton, Mississippi have been completed and are expected to be fully operational with an additional 1EH/s by the end of this week, followed by an expansion project in Tennessee expected to be operational by the middle of this month.” Together with ongoing upgrades, we believe we can reach our year-end target of 37 EH/s. We are looking to 2025 and will exceed 50 EH/s in the coming quarters. We plan to continue growing.” Throughout November 2024, the average hashrate was 32.32 EH/s, the average fleet efficiency was 19.59 J/Th, and an average of 20.72 Bitcoins were mined daily. The daily high reached 21.65 Bitcoin. The company sold 26.11 Bitcoins during November 2024 at an average price of approximately $84,356 per Bitcoin.
