{"id":834036,"date":"2025-04-04T09:05:45","date_gmt":"2025-04-04T13:05:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/"},"modified":"2025-04-04T09:05:45","modified_gmt":"2025-04-04T13:05:45","slug":"cleanspark-releases-march-2025-bitcoin-mining-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/","title":{"rendered":"CleanSpark Releases March 2025 Bitcoin Mining Update"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <i>Exceeds 700 <span>bitcoin<\/span> produced, a 13% gain month over month<\/i>\n      <\/p>\n<p class=\"prntac\">\n        <i>Achieves 42.4 exahash, an increase of 4.2% month over month<\/i>\n      <\/p>\n<p class=\"prntac\">\n        <i>11,869 <span>bitcoin<\/span> held in treasury<\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">LAS VEGAS<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 4, 2025<\/span><\/span> \/PRNewswire\/ &#8212; CleanSpark, Inc. (Nasdaq: CLSK), America&#8217;s <span>Bitcoin<\/span> Miner\u00ae (the &#8220;Company&#8221;), today released its unaudited <span>bitcoin<\/span> mining and operations update for the month ending <span class=\"xn-chron\">March 31, 2025<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2658022\/CleanSpark_Bitcoin_mining_sites_in_Cheyenne.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2658022\/CleanSpark_Bitcoin_mining_sites_in_Cheyenne.jpg\" title=\"CleanSpark Bitcoin mining sites in Cheyenne, WY (left) and Jackson, TN (right)\" alt=\"CleanSpark Bitcoin mining sites in Cheyenne, WY (left) and Jackson, TN (right)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;We&#8217;ve remained focused on executing our strategy and have built a strong foundation for scalable growth \u2014 including the addition of nearly 2 EH\/s in <span class=\"xn-location\">Wyoming<\/span> in March,&#8221; said <span class=\"xn-person\">Zach Bradford<\/span>, CEO and President of CleanSpark. &#8220;Success isn&#8217;t just about setting ambitious targets; it&#8217;s about delivering results through consistent operational excellence. In March alone, we increased <span>bitcoin<\/span> production by 13%, generating 706 <span>bitcoin<\/span>. With nearly a gigawatt of energy under contract and a robust growth pipeline, our future is bright. Holding nearly 12,000 <span>bitcoin<\/span> in treasury, CleanSpark is well-positioned for the road ahead.&#8221;<\/p>\n<p>&#8220;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 \u2014 including a lower cost of capital, superior purchasing power, and best-in-class operations \u2014 set us apart. These tariffs may slow down competitors who lack our scale and resilience, but we&#8217;re confident in our ability to maintain our momentum and lead the industry forward.&#8221;<\/p>\n<p>\n        <b>March<\/b><br \/>\n        <b>\u00a0<span>Bitcoin<\/span> Mining Update (unaudited)<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>\n          <span>Bitcoin<\/span> produced in March: 706<\/li>\n<li>Total <span>bitcoin<\/span> holdings as of <span class=\"xn-chron\">March 31<\/span>: 11,869<\/li>\n<li>Month-end operating hashrate: 42.4 EH\/s<\/li>\n<li>MW under contract: 915 MW<sup>1<\/sup><\/li>\n<li>Average fleet efficiency: 17.03 J\/Th<\/li>\n<li>Total <span>bitcoin<\/span> sold in March: 14.23<\/li>\n<li>Deployed fleet: 205,412<\/li>\n<li>CY2025 <span>bitcoin<\/span> produced: 1,956<\/li>\n<\/ul>\n<p>Throughout <span class=\"xn-chron\">March 2025<\/span>, the Company&#8217;s average hashrate was 40.2 EH\/s and average fleet efficiency was 17.03 J\/Th, resulting in an average of 22.78 <span>bitcoin<\/span> mined daily. The single day high reached 23.52 <span>bitcoin<\/span>. The Company sold 14.23 <span>bitcoin<\/span> during <span class=\"xn-chron\">March 2025<\/span> at an average price of approximately <span class=\"xn-money\">$87,742<\/span> per <span>bitcoin<\/span>.<\/p>\n<p>\n        <sup>1<\/sup>MW includes all contracted power capacity for wholly owned sites and excludes any other non-binding arrangements.\u00a0<\/p>\n<p>\n        <b>Additional <\/b><br \/>\n        <b>Updates<br \/><\/b><br \/>\n        <b><br \/>\n          <span class=\"xn-location\">Mississippi<\/span> and <span class=\"xn-location\">Georgia<\/span>: <\/b>CleanSpark is actively expanding several existing facilities across <span class=\"xn-location\">Mississippi<\/span> and <span class=\"xn-location\">Georgia<\/span>, further strengthening its presence in the Company&#8217;s most established markets. These initiatives include additional immersion deployments designed to deliver the same industry-leading performance seen across the portfolio. Upon completion, these projects are expected to contribute approximately 2 EH\/s to the Company&#8217;s total hashrate.<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-location\">Wyoming<\/span>: <\/b>Construction and commissioning continue for the next two phases of CleanSpark&#8217;s regional expansion project in <span class=\"xn-location\">Wyoming<\/span>. Additional computing power of 2.5 EH\/s is expected to come online within the current quarter, further advancing the Company&#8217;s hashrate goals as development in the state progresses.<\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-location\">Tennessee<\/span>: <\/b>Expansion projects are underway at two of CleanSpark&#8217;s data center sites in <span class=\"xn-location\">Tennessee<\/span>, powered by a combined 60 MW. These initiatives are expected to add nearly 4 EH\/s to the Company&#8217;s total processing power \u2014 representing a nearly 10% increase in current production. Both sites will participate in the Tennessee Valley Authority&#8217;s (TVA) demand response program, reinforcing CleanSpark&#8217;s commitment to energy efficiency and grid sustainability.<\/p>\n<p>\n        <b>About CleanSpark<\/b><br \/>\n        <br \/>CleanSpark (Nasdaq: CLSK), America&#8217;s <span>Bitcoin<\/span> Miner\u00ae, is a market-leading, pure play <span>Bitcoin<\/span> miner with a proven track record of success. We own and operate a portfolio of mining facilities across <span class=\"xn-location\">the United States<\/span> powered by globally competitive energy prices. Sitting at the intersection of <span>Bitcoin<\/span>, energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset \u2013 <span>Bitcoin<\/span> \u2013 positions us to prosper in an ever-changing world. Visit our website at <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4398794-1&amp;h=2208257601&amp;u=https%3A%2F%2Fwww.cleanspark.com%2F&amp;a=www.cleanspark.com\" target=\"_blank\" rel=\"nofollow\">www.cleanspark.com<\/a>.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b><br \/>\n        <br \/>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company&#8217;s expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;could,&#8221; &#8220;intends,&#8221; &#8220;targets,&#8221; &#8220;projects,&#8221; &#8220;contemplates,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;forecasts,&#8221; &#8220;predicts,&#8221; &#8220;potential&#8221; or &#8220;continue&#8221; or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: future rates and impact of tariffs in the US; the timing, completion and performance of the <span class=\"xn-location\">Georgia<\/span>, <span class=\"xn-location\">Wyoming<\/span>, <span class=\"xn-location\">Tennessee<\/span> and <span class=\"xn-location\">Mississippi<\/span> expansions; anticipated additions and targets to CleanSpark&#8217;s hashrate and the timing thereof; the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate; increasing difficulty rates for <span>bitcoin<\/span> mining; <span>bitcoin<\/span> halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company&#8217;s prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading &#8220;Risk Factors&#8221; in the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended <span class=\"xn-chron\">September 30, 2024<\/span>, and any subsequent filings with the SEC. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.\u00a0<\/p>\n<p>\n        <b>Investor Relations Contact\u00a0<\/b>\u00a0<br \/>Barbara Domingo\u00a0<br \/>702-989-7693\u00a0<br \/><a href=\"mailto:ir@cleanspark.com\" target=\"_blank\" rel=\"nofollow\">ir@cleanspark.com<\/a>\u00a0<\/p>\n<p>\n        <b>Media Contact<\/b>\u00a0<br \/><span class=\"xn-person\">Eleni Stylianou<\/span><br \/>702-989-7694<br \/><a href=\"mailto:pr@cleanspark.com\" target=\"_blank\" rel=\"nofollow\">pr@cleanspark.com<\/a>\u00a0\u2003<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/795036\/CleanSpark_Logo_Tagline.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/795036\/CleanSpark_Logo_Tagline.jpg\" title=\"CleanSpark, Inc. Logo (PRNewsfoto\/CleanSpark, Inc.)\" alt=\"CleanSpark, Inc. Logo (PRNewsfoto\/CleanSpark, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA57724&amp;sd=2025-04-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/cleanspark-releases-march-2025-bitcoin-mining-update-302420598.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/cleanspark-releases-march-2025-bitcoin-mining-update-302420598.html<\/a><\/p>\n<p>SOURCE  CleanSpark, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA57724&amp;Transmission_Id=202504040900PR_NEWS_USPR_____LA57724&amp;DateId=20250404\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire 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\/ &#8212; CleanSpark, Inc. (Nasdaq: CLSK), America&#8217;s Bitcoin Miner\u00ae (the &#8220;Company&#8221;), today released its unaudited bitcoin mining and operations update for the month ending March 31, 2025. &#8220;We&#8217;ve remained focused on executing our strategy and have built a strong foundation for scalable growth \u2014 including the addition of nearly 2 EH\/s in Wyoming in March,&#8221; said Zach Bradford, CEO and President of CleanSpark. &#8220;Success isn&#8217;t just about setting ambitious targets; it&#8217;s about delivering results through consistent operational excellence. In March alone, we increased bitcoin production by 13%, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CleanSpark Releases March 2025 Bitcoin Mining Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-834036","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CleanSpark Releases March 2025 Bitcoin Mining Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CleanSpark Releases March 2025 Bitcoin Mining Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire 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\/ &#8212; CleanSpark, Inc. (Nasdaq: CLSK), America&#8217;s Bitcoin Miner\u00ae (the &#8220;Company&#8221;), today released its unaudited bitcoin mining and operations update for the month ending March 31, 2025. &#8220;We&#8217;ve remained focused on executing our strategy and have built a strong foundation for scalable growth \u2014 including the addition of nearly 2 EH\/s in Wyoming in March,&#8221; said Zach Bradford, CEO and President of CleanSpark. &#8220;Success isn&#8217;t just about setting ambitious targets; it&#8217;s about delivering results through consistent operational excellence. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/","og_locale":"en_US","og_type":"article","og_title":"CleanSpark Releases March 2025 Bitcoin Mining Update - Market Newsdesk","og_description":"PR Newswire 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\/ &#8212; CleanSpark, Inc. (Nasdaq: CLSK), America&#8217;s Bitcoin Miner\u00ae (the &#8220;Company&#8221;), today released its unaudited bitcoin mining and operations update for the month ending March 31, 2025. &#8220;We&#8217;ve remained focused on executing our strategy and have built a strong foundation for scalable growth \u2014 including the addition of nearly 2 EH\/s in Wyoming in March,&#8221; said Zach Bradford, CEO and President of CleanSpark. &#8220;Success isn&#8217;t just about setting ambitious targets; it&#8217;s about delivering results through consistent operational excellence. In March alone, we increased bitcoin production by 13%, &hellip; Continue reading \"CleanSpark Releases March 2025 Bitcoin Mining Update\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-04T13:05:45+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2658022\/CleanSpark_Bitcoin_mining_sites_in_Cheyenne.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CleanSpark Releases March 2025 Bitcoin Mining Update","datePublished":"2025-04-04T13:05:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/"},"wordCount":968,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2658022\/CleanSpark_Bitcoin_mining_sites_in_Cheyenne.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cleanspark-releases-march-2025-bitcoin-mining-update\/","name":"CleanSpark Releases March 2025 Bitcoin Mining Update - 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