CleanSpark's bitcoin mining costs fell by 25% in the fourth quarter, and mining efficiency increased to 19.2J/TH
According to TheMinerMag, bitcoin mining company CleanSpark released its fourth-quarter financial report, showing that due to the upgrade of mining machines and the optimization of operating expenses, the company's unit computing cost decreased by about 25%. During the reporting period, the company mined 1,945 bitcoins, and the mining revenue reached 162 million US dollars. The direct production cost of each bitcoin was 36,139 US dollars.
According to the financial report, CleanSpark invested 192 million US dollars in mining equipment in the fourth quarter, improving the energy efficiency of mining machines to 19.2J/TH. The company's power and custody costs are about 0.0511 US dollars/kWh. In January 2025, CleanSpark's actual computing power reached 34.77EH/s, mining 626 bitcoins, ranking second among public mining companies. During the period, the company raised 186 million US dollars through stock financing and 635 million US dollars in convertible bond financing.