Bitcoin miner CleanSpark recorded the highest single mining day in April in its halving report.
CleanSpark has published its first monthly unaudited Bitcoin mining and operations update since the halving. The company mined an impressive 721 BTC with a hash rate exceeding 17EH/s, with a daily high of over 48 BTC.
CEO Zach Bradford highlighted the benefits the company is seeing in monthly efficiency metrics as it deploys advanced S21 equipment across its expanding facility. These improvements amplify mining production and optimize operating costs. He commented:
“The notable increase in transaction fees immediately following the halving led to a significant increase in Bitcoin production this month, resulting in a significant increase in Bitcoin reserves.”
Bradford highlighted CleanSpark’s industry-leading scale and low mining costs, allowing it to perform exceptionally well in the new halving environment. The company has already observed signs of operational outages from less efficient miners, which is expected to contribute to a decline in the global hash rate and a temporary but beneficial correction in Bitcoin spot prices in the coming weeks.
In April 2024, CleanSpark mined 721 BTC, bringing the cumulative total mined for the year to 2,752 BTC. As of April 30, the company holds 5,739 BTC in its treasury. CleanSpark sold 2.88 bitcoins in April at an average price of about $64,000 per bitcoin. The deployed fleet consists of 136,496 miners with an end-of-month fleet efficiency of 24.22 J/TH and a current hashrate of 17.3 EH/s.
The company is making progress expanding its Dalton, Georgia campus. Once completed, the expansion, called Dalton 4, will operate S21 from a 15 MW facility, adding approximately 0.8 EH/s. This brings CleanSpark’s total hash rate to 2.4 EH/s across the Dalton campus, which consists of four independent data centers.
CleanSpark’s strong performance in April demonstrates its ability to thrive in the competitive post-halving Bitcoin mining environment. With its focus on efficiency, operational expansion and strategic planning, the company believes it is well positioned for continued success in the months and years ahead.
