CleanSpark mined 659 bitcoin in August

CleanSpark released its unaudited bitcoin mining and operations update for the month ending August 31, 2023. “August was another banner month for CleanSpark,” said CEO Zach Bradford.”August was another banner month for CleanSpark as the 50MW expansion in Washington saw its first full month at maximum operational hashrate, delivering some of our highest daily production ever,” said CleanSpark CEO Zach Bradford. “What’s more, we have carefully managed power to achieve substantially high levels of uptime in August, despite historically high levels of rain and very hot weather. That operational prowess has resulted in what we expect is among the best monthly bitcoin production rates of publicly traded miners in North America.” August Bitcoin Mining Update: Bitcoin mined in August: 659; CY2023 bitcoin mined: 4,729; Total BTC holdings as of August 31: 1,677; Total BTC sold in August: 43; Deployed fleet: 88,217; Month-end fleet efficiency: 28.7; Current hashrate: 9.3 EH/s; The Company sold 43 bitcoins in August 2023 at an average of approximately $28,200 per BTC. Sales of BTC equated to proceeds of approximately $1.2 million. August daily BTC mined averaged 21.26 and reached a high of 22.11.