Bitcoin Miner Cleanspark strikes 50 eh / s hashrate milestone

Cleanspark (CLSK), a Bitcoin based in the United States

The mining company, said on Tuesday that it had reached 50 exams per second (EH / S) of Operational Hashrate – an important step which makes it one of the largest mining operations in the world.

The company has built and operates more than 30 sites through Georgia, Mississippi, Tennessee and Wyoming.

A vertically integrated configuration gives control of the Cleanstark on supply and energy operations, helping to reduce costs and increase availability. “This reflects years of targeted strategy, disciplined execution and an incessant commitment to do things the right way,” said CEO Zach Bradford.

Hashrate is a metric used to measure the computing power behind the Bitcoin network. The higher the hashrate of a given company, the more its chances of winning Bitcoin rewards are high.

The company is now preparing to evolve up to 60 eh / s, Bradford indicating that the company was in “Escape Velocity” mode.

Meanwhile, the digital branch for the management of Cleanspark assets began to actively manage more than 12,500 self-mining bitcoins to generate yields and support expansion without issuing new actions. “We effectively exploit Bitcoin, now, and put it to work in a way that stimulates the value of shareholders,” said Bradford.

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