CleanSpark May Benefit From The Bitcoin Halving Event

Summary:

  • CleanSpark is actively increasing their production rates through the construction and expansion of new facilities with the target of 2EH/s by the end of 1H24.
  • The company has expanded their Sandersville facility and energized the first 100MW of its expansion plan, increasing their hash rate to 14EH/s. Total firm rate now stands at 16EH/s.
  • CleanSpark has an estimated breakeven cost-to-mine rate of $28,093 post-halving, suggesting profitability may continue with the assumption that the price of bitcoin remains at current levels.

Bitcoin digital currency sitting on metallic blue and pink background

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CleanSpark, Inc. (NASDAQ:CLSK) is taking on the Bitcoin halving event by storm by actively increasing their production rates through the construction and expansion of new facilities. CleanSpark has the growth initiative to reach 20EH/s (exahashes per second) during e1h24 with the


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