CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams.
Bitcoin miner CleanSpark increased its Bitcoin (BTC) production by 6.7% in June and surpassed its mid-year hash rate target of 20 exahashes per second.
The Nevada-based miner only sold 8 of the 445 Bitcoin it mined in June, bringing its total Bitcoin holdings to 6,591 BTC — worth more than $4 billion at current prices — as of June 30.
The firm’s hash rate now stands at 20.4 EH/s — more than double what it was last December — CleanSpark’s CEO Zach Bradford said in a July 2 statement.
