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Cryptocurrency News Articles

CleanSpark Dominates Bitcoin Mining: 50 EH/s and Beyond

Jul 07, 2025 at 07:59 pm

CleanSpark hits 50 EH/s, leading the Bitcoin mining race with sustainable practices and strategic growth. Is this the future of crypto mining?

CleanSpark Dominates Bitcoin Mining: 50 EH/s and Beyond

CleanSpark Dominates Bitcoin Mining: 50 EH/s and Beyond

CleanSpark is making waves in the Bitcoin mining world, hitting a mid-year target of 50 EH/s. Let's dive into what this means and why it matters.

CleanSpark's Milestone: 50 EH/s Achieved

In June 2025, CleanSpark (CLSK) announced it reached 50 EH/s of operational hashrate, becoming the first Bitcoin miner to achieve this entirely through self-operated infrastructure. This milestone signifies a 9.6% month-over-month increase and improved energy efficiency to 16.15 J/Th. Zach Bradford, CEO of CleanSpark, credits the team's dedication and strategic planning for this achievement.

Strategic Expansion and Power Capacity

CleanSpark isn't stopping there. With 179 megawatts of additional power capacity secured, the company is actively expanding its infrastructure. This capacity is expected to support more than 10 EH/s of incremental hashrate. The company is focused on efficient, sustainable growth through deliberate planning in energy procurement, engineering, and site development.

Bitcoin Treasury and Digital Asset Management

CleanSpark holds a substantial Bitcoin treasury of 12,608 BTC, all self-mined, ranking seventh among publicly traded companies worldwide. The company's Digital Asset Management efforts are live, showing positive results in actively managed spot sales and derivative overlays. In June 2025, the average sale price was $105,860 per Bitcoin, exceeding the VWAP for the same period.

The Bigger Picture: Bitcoin's Corporate Embrace

Corporations worldwide are increasingly recognizing the value of Bitcoin-enhanced balance sheets. Corporate Bitcoin acquisitions have outpaced ETF net inflows for the third consecutive quarter. CleanSpark strategically invested in geographically diverse data center infrastructure backed by low-cost energy, enabling them to produce Bitcoin at costs below market price.

Sustainable Bitcoin Mining: A Different Approach

While CleanSpark focuses on Bitcoin, other approaches to crypto mining exist. PaladinMining, for example, offers cloud mining services for Dogecoin, emphasizing security and sustainability with renewable energy sources. Dogecoin, unlike Bitcoin, has no supply cap, aiming for daily circulation rather than scarce storage.

Final Thoughts: What Does It All Mean?

CleanSpark's achievement of 50 EH/s is more than just a number. It's a testament to strategic planning, operational excellence, and a commitment to sustainable growth. As the Bitcoin landscape evolves, companies like CleanSpark are setting the standard for what it means to be a leader in the industry. Who knows what the future holds, but with CleanSpark leading the charge, it's bound to be exciting!

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Other articles published on Jul 08, 2025