The Bitcoin Miner Cleanspark ended in September with 13,011 BTC in its treasury after reporting the year-on-year’s efficiency and output.
The company Says Monthly production rose 27% from September 2024, with 629 Bitcoin (Btc) mined, and sells 445 BTC at about $ 48.7 million at an average price of $ 109,568. In its Friday update, Cleanspark said the efficiency of the Armada was improved by 26% year in the year, while the average operating hashrate for the month was 45.6 eh/s.
Cleanspark has sold part of the monthly bitcoin production since April as part of a push to be self -sufficient. It also opened an institutional bitcoin trading desk to facilitate sales. In August, the company formed by $ 60.7 million From the sale of 533.5 BTC.
Cleanspark sharing with NASDAQ rose 5.28% following the report, getting more than 23% on Sunday, According to In Yahoo Finance.
The market capitalization of 15 mainly publicly exchanged with Bitcoin miners reached a record of $ 58.1 billion in September, from $ 41.6 billion in August and more than double $ 19.9 billion recorded in March, according to one October 1 Report From Miner mag.
Related: Bitcoin Miner accumulation hits the fastest speed since 2023 rally
Bitcoin mining faces new harshness
Despite the investor’s appetite for public mining companies, the industry faces growing headwinds from increased energy costs and the threat of tariffs on imported mining rigs.
In August, the Miner mag reported That US Customs and Border Protection claims that some of the 2024 cleanspark mining were made in China, leaving the company with potential tariff liability of up to $ 185 million.
The Iris Energy (Iren), the largest bitcoin Miner by market cap, also argues with a separate $ 100 million tariff dispute with the agency.
As Cointelegraph reported in August, the effective duty to Machines made by china Standing at 57.6%, while rigs from Indonesia, Malaysia, and Thailand face tariffs of 21.6%.
Bitcoin mining difficulty also reached the record High In September and October, miners meant to spend more computing and energy strength to produce the same amount of Bitcoin.
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