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CleanSpark's Bitcoin mining cost fell by 25% in the fourth quarter, and mining machine efficiency increased to 19.2J/TH
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7 hours ago 5,403
According to Golden Finance, according to TheMinerMag, Bitcoin mining company CleanSpark released its fourth-quarter financial report, showing that thanks to the upgrade of mining machines and optimization of operating expenses, the company's unit computing power cost has dropped by about 25%. During the reporting period, the company mined 1,945 bitcoins, and its mining revenue reached US$162 million, with a direct production cost of US$36,139 per bitcoin. According to the financial report, CleanSpark invested US$192 million in mining equipment in the fourth quarter, increasing the energy efficiency of mining operations to 19.2J/TH. The company's electricity and hosting costs are approximately USD 0.0511/kWh. In January 2025, CleanSpark's actual computing power reached 34.77EH/s, mining 626 bitcoins, ranking second in public mining companies. During the period, the company raised US$186 million through stock financing and US$635 million through convertible bond financing.
Keywords: Bitcoin
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