TechFlow reported, citing TheMinerMag, that bitcoin miner CleanSpark released its fourth-quarter financial results showing a roughly 25% reduction in unit cost of computing power, thanks to mining machine upgrades and operational expense optimization. During the reporting period, the company mined 1,945 bitcoins with mining revenue reaching $162 million, and the direct production cost per bitcoin was $36,139.
The financial report indicated that CleanSpark invested $192 million in mining equipment during Q4, improving the energy efficiency of its miners to 19.2 J/TH. The company's electricity and hosting costs were approximately $0.0511 per kWh. In January 2025, CleanSpark achieved an actual computing power of 34.77 EH/s, mining 626 bitcoins, ranking second among public mining companies. During the period, the company raised $186 million through stock financing and $635 million through convertible bond financing.

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