CleanSTark (CLSK), a Bitcoin based in the United States
The mining firm, said Tuesday that it reached 50 exahasos per second (EH/s) of operating hashrate, a milestone that makes it one of the world’s largest mining operations.
The company builds and operates more than 30 sites in Georgia, Mississippi, Tennessee and Wyoming.
An integrated configuration vertically provides clean control over acquisition and energy operations, which helps reduce costs and increase activity time. “It reflects years of focused strategy, disciplined execution and a relentless commitment to do things in the right way,” said CEO Zach Bradford.
Hashrate is a metric used to measure computer power behind the Bitcoin Network. The higher the hashrate of a specific company, the greater its possibilities of obtaining Bitcoin rewards.
The company is now preparing to climb up to 60 eh/s, with Bradford stating that the company was in “exhaust speed”.
Meanwhile, CleansPark’s digital asset management arm has begun to actively administer more than 12,500 bitcoin in mined to generate yields and support expansion without issuing new actions. “We are undermining Bitcoin efficiently, keeping it responsibly and putting it to work in a way that drives the value of shareholders,” Bradford said.
