The Block: CleanSpark Reports $162.3 Million in Quarterly Revenue: ‘Why Buy Bitcoin at Current Prices When We Can Mine It for $34,000?’
CleanSpark generated revenue of $162.3 million in the fourth quarter of 2024, up 120% year-over-year. The Bitcoin miner reported net income of $246.8 million and adjusted EBITDA of $321.6 million for Q4 — also up significantly from the same period in 2023. By: James Hunt Bitcoin miner CleanSpark reported revenues of $162.3 million for the fourth quarter of […]
Q1 FY2025 Message to Shareholders From CleanSpark Executive Chairman Matt Schultz
CleanSpark increased our Bitcoin holdings in the final month of 2024 as efficiency improved with a sharp acceleration of hashrate growth.
Bitcoin News Exclusive: CleanSpark’s Harry Sudock on Bitcoin Mining
CleanSpark increased our Bitcoin holdings in the final month of 2024 as efficiency improved with a sharp acceleration of hashrate growth.
Cointelegraph: CleanSpark’s Bitcoin Stash Climbs to 9,952 BTC as Hashrate Grows
CleanSpark increased our Bitcoin holdings in the final month of 2024 as efficiency improved with a sharp acceleration of hashrate growth.
NPR: Is This Bitcoin’s Golden Moment? These Are 3 Key Things to Watch for Cryptos in 2025
By: Rafael Nam Cryptocurrencies such as bitcoin have lately been on a wild ride. Bitcoin hit above $100,000 for the first time last month after more than doubling in price last year — and analysts believe bitcoin and other cryptos could see another game-changing year in 2025. To help explain why bitcoin investors are so excited, here […]
Yahoo! Finance: All Crypto Miners Are Not ‘Created Equal’: Analyst
By: Angel Smith As cryptocurrency regulation is expected to ease under the incoming Trump administration, Clear Street senior research analyst Brian Dobson joins Market Domination to analyze crypto mining prospects for 2025. “Not all miners are created equal,” Dobson tells Yahoo Finance. He distinguishes between two types: those capable of pivoting to high-performance computing, and efficient operators […]
Blockworks: BTC Miners Spend Differently — Here’s Why
Recent announcements from segment players inform the various strategies behind spending capital By: Ben Strack Merry Christmas and Happy Hanukkah to those who celebrate. Kwanzaa kicks off tomorrow too. While Santa’s elves worked hard in the holiday lead-up, bitcoin miners were busy raising money for different purposes. We touched on this phenomenon earlier this month. Bitdeer noted […]
CoinDesk: CleanSpark’s $650M Convert Deal
By: Will Foxley Convertible notes are all the rage in Bitcoin mining today. How did CleanSpark structure its note? We dig in! Watch the interview here.
Cointelegraph: CleanSpark Targets 400 MW Bitcoin Mining Capacity After Acquiring GRIID
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee. By: Martin Young Bitcoin mining firm CleanSpark said it is closer to realizing its plan to build 400 megawatts of capacity in the coming years after acquiring American-based infrastructure company GRIID. On Oct. 31, CleanSpark […]
Bitcoin.com News: CleanSpark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
CleanSpark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. By: Jamie Redman CleanSpark Now Operates 30 EH/s of Computational […]