Crypto-Follow logo Crypto-Follow logo
Seeking Alpha 2022-04-05 13:16:24

CleanSpark March daily BTC production reached high of 10.57

CleanSpark (NASDAQ:CLSK) reported March monthly production of 318 compared to 276 in Feb'22; YTD production stood at 898. March daily BTC production reached a high of 10.57 vs. Feb daily BTC production of 10.15. As of Mar. 31, total BTC holdings were 420; total BTC converted for operations and growth in the month were 391. The bitcoin miner currently has a deployed fleet of over 23,000 machines with a total hashrate of 2.3 EH/s. It fully funded growth and operations through the sale of 420 bitcoins in Mar. at an average of ~ $42,294/BTC. Sales of BTC equated to proceeds of ~$17.6M, most of which was used for growth capital expenditures at the company’s Norcross facility. CLSK +1.66% pre-market

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer