CleanSpark, a Bitcoin mining company, has achieved a significant milestone by surpassing its 2024 operating hashrate goal of 37 exahashes per second. The Nasdaq-listed BTC miner announced on Dec. 23 that it had reached 37.5 EH/s, exceeding its initial target. This accomplishment was made possible by improved fleet efficiency, now at 17.7 J/Th, with plans to reach 50 EH/s by the first half of 2025. The surge in hashrate was supported by new sites, acquisitions, and fleet upgrades. CleanSpark's expansion efforts include new data centers in Tennessee and Wyoming. With a recent $650 million bond offering, the company aims to further increase its hashrate. In November, CleanSpark mined 622 BTC with an operating hashrate of 33.7 EH/s and 195,059 deployed miners. The company's total BTC holdings at the end of November were 9,297. Read more AI-generated news on: https://app.chaingpt.org/news

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