CleanSpark Releases January 2025 Bitcoin Mining Update

Core Insights - CleanSpark, Inc. achieved significant operational milestones in January 2025, including surpassing a hashrate of 40 EH/s and holding over 10,500 bitcoins in treasury [2][8] - The company reported a month-over-month improvement in fleet efficiency of more than 8% [1][2] - Despite adverse weather conditions, CleanSpark continued construction on new facilities in Tennessee, Georgia, and Wyoming, aiming for a midyear goal [2] Operational Performance - The average hashrate for January was 34.76 EH/s, with an average fleet efficiency of 17.37 J/Th, resulting in an average daily bitcoin production of 20.19 [4][8] - A total of 626 bitcoins were mined in January, with a peak production of 22.89 bitcoins in a single day [4][8] - The company sold 22.47 bitcoins at an average price of approximately $100,412 per bitcoin during the month [4][8] Infrastructure Developments - A new 12 MW site in Twin City, Georgia, is nearing completion, contributing approximately 0.7 EH/s to the operating hashrate, with an additional 0.1 EH/s expected soon [5] - In Cheyenne, Wyoming, the company is on track to complete a technologically advanced immersion environment, which is expected to add 5 EH/s to the hashrate once fully operational [6] Financial Position - As of January 31, 2025, CleanSpark held a total of 10,556 bitcoins [8] - The company has a contracted power capacity of 873 MW across its facilities [8]