What’s Going On With Bitcoin Mining Stock CleanSpark Thursday?

CleanSpark Inc (NASDAQ:CLSK) shares are bouncing around in early trading. The company on Thursday announced that it achieved 30 EH/s in operational hashrate.

What Happened: Bitcoin (CRYPTO: BTC) mining company, CleanSpark, said its hashrate reached 30 EH/s and is on track to surpass 37 EH/s before the end of the year.

CleanSpark attributed its year-over-year hashrate growth of approximately 200% to turn-key acquisitions and the execution of a fleet upgrade, paired with significant organic growth. The Bitcoin miner noted that it improved its efficiency over the last year by nearly 20% and increased its total operational machines by 112% over the same period.

“Reaching 30 EH/s positions us as one of the largest bitcoin miners in the world. We have added more operational hashrate than any other miner …

Full story available on Benzinga.com