CleanSpark provides November Bitcoin mining update

“We achieved our second-highest monthly bitcoin production despite increased difficulty and without using more energy,” said Zach Bradford, CEO. “Our efficiency improved, dropping to 26.4 J/Th. We also saw a significant increase in production from fees, likely due to the growing interest in ordinals. This trend suggests that fees might soon become a larger source of revenue as bitcoin’s use cases grow and adoption increases. Significantly, our operational uptime this month reached an exceptional 99.98%, a direct result of our teams’ dedication and skill. Their commitment to excellence has been crucial in achieving these milestones. As CEO, I am profoundly proud of our collective efforts and optimistic about our future trajectory in efficiency and productivity.” November Bitcoin Mining Update: Bitcoin mined in November: 666. CY2023 bitcoin mined: 6,671. Total BTC holdings as of November 30: 2,575. Total BTC sold in November: 402. Deployed fleet: 88,825. Month-end fleet efficiency: 26.4 J/Th. Current hashrate: 10.08 EH/s. The company sold 402 BTC in November 2023 at an average of approximately $36,600 per BTC. Sales of BTC equated to proceeds of approximately $14.7M. November daily BTC mined averaged 22.2 and reached a high of 26.1.