Benzinga | Jan 6, 2022 09:03AM EST

CleanSpark Reports Dec. Bitcoin Production: 226; Calendar Year-To-Date Production Ending Dec. 31, 2021: 1,528

CleanSpark Inc. (NASDAQ:CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending December 31, 2021.

Bitcoin Production & Operations Update (unaudited)



* December monthly production: 226

* Calendar year-to-date production ending December 31: 1,528

* Total BTC holdings as of December 31: 633

* Total BTC converted for operations and growth in CY2021: 909

* Currently deployed fleet of over 18,800 latest-generation bitcoin miners with a total hashrate of 1.9 EH/s

The Company sold 414 bitcoin during December 2021 at an average of $49,791 per BTC to support growth and operations. As of the date of this release, daily BTC production has reached a high of 9.5.

"I'm tremendously proud of our teams that worked throughout the busy holiday season to get machines racked and ready," said Zach Bradford, CEO. "As of today, we have added more than 550 PH/s of processing power in the three weeks since our December earnings call, and expect to reach our 2.0 EH/s milestone in the coming days."