CleanSpark Releases March 2025 Bitcoin Mining Update | Crypto Work Pro
Exceeds 700 bitcoin produced, a 13% gain month over month
Achieves 42.4 exahash, an increase of 4.2% month over month
11,869 bitcoin held in treasury
LAS VEGAS, April 4, 2025 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), America’s Bitcoin Miner® (the “Company”), at present launched its unaudited bitcoin mining and operations replace for the month ending March 31, 2025.
“We’ve remained focused on executing our strategy and have built a strong foundation for scalable growth — including the addition of nearly 2 EH/s in Wyoming in March,” mentioned Zach Bradford, CEO and President of CleanSpark. “Success isn’t just about setting ambitious targets; it’s about delivering results through consistent operational excellence. In March alone, we increased bitcoin production by 13%, generating 706 bitcoin. With nearly a gigawatt of energy under contract and a robust growth pipeline, our future is bright. Holding nearly 12,000 bitcoin in treasury, CleanSpark is well-positioned for the road ahead.”
“While the recently announced tariffs may temporarily raise industry-wide growth costs, CleanSpark is well-prepared. The majority of our miners and infrastructure required to meet near-term goals are already stateside. We believe our advantages — including a lower cost of capital, superior purchasing power, and best-in-class operations — set us apart. These tariffs may slow down competitors who lack our scale and resilience, but we’re confident in our ability to maintain our momentum and lead the industry forward.”
March Bitcoin Mining Update (unaudited)
- Bitcoin produced in March: 706
- Total bitcoin holdings as of March 31: 11,869
- Month-end working hashrate: 42.4 EH/s
- MW below contract: 915 MW1
- Average fleet effectivity: 17.03 J/Th
- Total bitcoin offered in March: 14.23
- Deployed fleet: 205,412
- CY2025 bitcoin produced: 1,956
Throughout March 2025, the Company’s average hashrate was 40.2 EH/s and average fleet effectivity was 17.03 J/Th, leading to an average of 22.78 bitcoin mined day by day. The single day high reached 23.52 bitcoin. The Company offered 14.23 bitcoin during March 2025 at an average price of roughly $87,742 per bitcoin.
1MW consists of all contracted energy capability for wholly owned websites and excludes another non-binding preparations.
Additional Updates
Mississippi and Georgia: CleanSpark is actively increasing a number of current amenities throughout Mississippi and Georgia, additional strengthening its presence within the Company’s most established markets. These initiatives embrace extra immersion deployments designed to ship the identical industry-leading efficiency seen throughout the portfolio. Upon completion, these initiatives are anticipated to contribute roughly 2 EH/s to the Company’s complete hashrate.
Wyoming: Construction and commissioning proceed for the subsequent two phases of CleanSpark’s regional enlargement project in Wyoming. Additional computing energy of 2.5 EH/s is predicted to come back online within the present quarter, additional advancing the Company’s hashrate targets as development within the state progresses.
Tennessee: Expansion initiatives are underway at two of CleanSpark’s knowledge middle websites in Tennessee, powered by a mixed 60 MW. These initiatives are anticipated so as to add almost 4 EH/s to the Company’s complete processing energy — representing a almost 10% increase in present manufacturing. Both websites will take part within the Tennessee Valley Authority’s (TVA) demand response program, reinforcing CleanSpark’s dedication to power effectivity and grid sustainability.
About CleanSpark
CleanSpark (Nasdaq: CLSK), America’s Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a confirmed monitor report of success. We own and operate a portfolio of mining amenities throughout the United States powered by globally aggressive power costs. Sitting on the intersection of Bitcoin, power, operational excellence and capital stewardship, we optimize our mining amenities to ship superior returns to our shareholders. Monetizing low-cost, high reliability power by securing essentially the most important finite, world asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our web site at www.cleanspark.com.
Forward-Looking Statements
This press release accommodates forward-looking statements within the that means of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements embrace, however will not be restricted to, statements relating to the Company’s expectations, beliefs, plans, intentions, and methods. In some circumstances, you possibly can establish forward-looking statements by phrases reminiscent of “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the destructive of these phrases or different comparable expressions. The forward-looking statements are subject to a selection of identified and unknown dangers, uncertainties and different important components which will trigger our precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements, together with, however not restricted to: future charges and affect of tariffs within the US; the timing, completion and efficiency of the Georgia, Wyoming, Tennessee and Mississippi expansions; anticipated additions and targets to CleanSpark’s hashrate and the timing thereof; the risk that {the electrical} energy accessible to our amenities doesn’t increase as anticipated; the success of its digital currency mining actions; the risky and unpredictable cycles within the rising and evolving industries during which we operate; rising problem charges for bitcoin mining; bitcoin halving; new or extra governmental regulation; the anticipated supply dates of new miners; the power to efficiently deploy new miners; the dependency on utility price constructions and authorities incentive packages; dependency on third-party energy suppliers for enlargement efforts; the expectations of future income growth will not be realized; and different dangers described within the Company’s prior press releases and in its filings with the Securities and Exchange Commission (SEC), together with below the heading “Risk Factors” within the Company’s Annual Report on Form 10-Ok for the fiscal 12 months ended September 30, 2024, and any subsequent filings with the SEC. Forward-looking statements contained herein are made solely as to the date of this press release, and we assume no obligation to replace or revise any forward-looking statements as a end result of any new info, modified circumstances or future occasions or in any other case, besides as required by relevant law.
Investor Relations Contact
Barbara Domingo
702-989-7693
ir@cleanspark.com
Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com
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SOURCE CleanSpark, Inc.
Featured Image: Pexels @ Ivan Babydov
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