Bitcoin mining company CleanSpark has surpassed its 2024 operating hashrate target of 37 exahashes per second, hitting the key milestone amid expansion efforts in the US.
CleanSpark achieved a hashrate of 37.5 EH/s, exceeding its guidance of 37 EH/s, thanks to improved fleet efficiency and newly energized sites.
The company plans to continue adding highly efficient hashrate and aims to reach 50 EH/s in the first half of 2025 with the help of a recent $650 million convertible bond offering.
CleanSpark closed November with an operating hashrate of 33.7 EH/s, mined 622 BTC, and held a total of 9,297 BTC.