#United States #Bitcoin #Las Vegas #mining #CleanSpark

CleanSpark's May 2025 Bitcoin Mining Update

CleanSpark, Inc. (Nasdaq: CLSK), also known as America's Bitcoin Miner®, has announced its unaudited Bitcoin mining operations update for May 2025. The company's performance during this month showcases a robust trajectory towards its growth targets, with enhanced efficiency and expanded capabilities in Bitcoin production.

Operational Highlights

As of May 31, 2025, CleanSpark saw its hashrate climb to an impressive 45.6 EH/s, representing a 7.5% increase from the previous month. The operational improvements are attributed to the company's continued commitment to refining its mining operations and optimizing resource use. Zach Bradford, CEO, emphasized that this growth achieved without issuing equity since November 2024 underscores the focus on shareholder value and disciplined capital management.

In addition to raising operational efficiency, CleanSpark also managed to expand its Bitcoin treasury significantly, now holding over 12,500 BTC. This expansion leads CleanSpark to become the sixth-largest public holder of Bitcoin, all derived from its direct mining operations. This information was prominently shared during the Bitcoin 2025 event in Las Vegas, where CleanSpark leadership participated in discussions about major trends in the mining and energy sectors, reinforcing its strategic standing in the digital asset management realm.

Looking Ahead

As June approaches, CleanSpark is on the verge of achieving 50 EH/s in mining capacity entirely through its self-operated infrastructure. Bradford expressed optimism about reaching this milestone, highlighting its potential to facilitate operational control and margin protection. Notably, the company has already laid the groundwork for future growth, with aspirations to exceed 60 EH/s in the coming months.

The mining highlights for May showed a total production of 694 Bitcoin, alongside a month-end operating hashrate of 45.6 EH/s. During the month, the average production was 22.39 Bitcoin per day, with the highest output hitting 23.50 Bitcoin in a single day. In terms of sales, the company managed to sell 293.5 Bitcoin at an average price of approximately $102,254 each.

CleanSpark’s infrastructure continues to evolve, with an impressive 987 megawatts of contracted power now established, underscoring the scalability and sustainability of its operations. With an average fleet efficiency of 16.71 J/Th, the firm appears well-positioned to maintain its operational edge.

Conclusion

CleanSpark's accomplishments in May 2025 reflect a company in robust health, navigating the complexities of the Bitcoin mining landscape with a commendable strategy. As the market continues to evolve, CleanSpark's foundational strength empowers it to seize opportunities and enhance its competitive positioning in the Bitcoin mining sector. Viewers interested in further details about CleanSpark can visit their official website at www.cleanspark.com. With ongoing advancements, CleanSpark retains a strategic focus on driving long-term shareholder value and pioneering the future of Bitcoin mining.