CleanSpark

CleanSpark

Finance

CleanSpark Shares Rise After Getting $100M Bitcoin-Backed Credit From Coinbase Prime

The credit facility allows CleanSpark to leverage its bitcoin holdings to fund expansion without selling the asset.

(Jesse Hamilton/CoinDesk)

Markets

Bitcoin Mining Profitability Fell in August, Jefferies Says

U.S.-listed mining companies accounted for 26% of the Bitcoin network last month, unchanged from July, the report said.

Rack of bitcoin mining machines (Shutterstock)

Tech

Bitcoin Mining Faces 'Incredibly Difficult' Market as Power Becomes the Real Currency

Executives at Jackson Hole’s SALT conference said the old boom-and-bust halving rhythm is breaking down, with survival now tied to cheap power and diversified infrastructure.

Mining machines (GreenBelka/Shutterstock)

Markets

Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies

The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.

Racks of crypto mining machines.

Markets

Bitcoin Miner CleanSpark Produced 685 BTC in June, Hit 16.15 J/TH in Efficiency

The company year-to-date has mined 3,986 bitcoin and now ranks seventh among publicly traded BTC holders with 12,608.

bitcoin miner (Shutterstock)

Markets

Bitcoin Miner CleanSpark Hits 50 EH/s Hashrate Milestone

The firm has set its sights on 60 EH/s.

ASIC miner (Credit: Shutterstock)

Markets

Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says

The rise in profitability was driven by a 20% increase in the bitcoin price, while the hashrate rose only 3.5%, the report said.

Racks of crypto mining machines.

Markets

Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan

The bank increased its CleanSpark, Riot Platforms and MARA Holdings price targets.

Racks of crypto mining machines.

Markets

Bitcoin Miners Sold Record Amount of BTC Ahead of May's Price Surge

With hashprice hovering near break-even levels, miners liquidated 115% of April production.

bitcoin miner (Shutterstock)