CleanSpark, Inc., America's Bitcoin Miner, has announced its Bitcoin mining and operations update for June 2025, reporting a significant increase in its Bitcoin mining capabilities and hashrate. The company mined 685 Bitcoin in June, achieving a milestone of 50 EH/s operational hashrate. This makes CleanSpark the first Bitcoin miner to reach this scale entirely through self-operated infrastructure.

Key Highlights from the June 2025 Update:

• Bitcoin Mining: CleanSpark mined 685 BTC in June, averaging 22.82 BTC per day, with a peak single-day production of 23.97 BTC. Year-to-date, the company has mined a total of 3,968 BTC.
• Hashrate Growth: The company achieved a 50 EH/s operational hashrate, a 9.6% increase month-over-month. The company's hashrate has surged by 145% year-over-year.
• Fleet Efficiency: CleanSpark improved its fleet energy efficiency to 16.15 J/Th, indicating better energy utilization per unit of computing power.
• Bitcoin Holdings: CleanSpark holds 12,608 BTC in its treasury, ranking seventh among public companies globally, with all coins self-mined. Approximately 2,533 BTC is posted as collateral.
• Digital Asset Management: CleanSpark's Digital Asset Management program achieved an average sale price of $105,860 per Bitcoin in June, outperforming VWAP (Volume Weighted Average Price) by $446.
• Power Capacity: The company has secured 179 megawatts of additional power capacity under contract, sufficient to support more than 10 EH/s of incremental hashrate. Total contracted capacity is 987 MW.

Strategic Growth and Infrastructure

CleanSpark's achievement of 50 EH/s was reached through the addition of over 10 EH/s of capacity across four states. The company's infrastructure-first strategy and vertically integrated model have been key to its success. The company is focused on maximizing efficiency at its existing sites and expanding its infrastructure to bring additional capacity online. This includes actively expanding its infrastructure to bring it online, which will power additional deployments designed to drive efficient, sustainable growth. CleanSpark also has a substantial pipeline of additional power under development and research, providing a clear path for long-term, scalable growth.

Market Position and Future Outlook

CleanSpark is now the seventh-largest public holder of Bitcoin. CEO Zach Bradford noted that corporations around the globe are embracing the value of a Bitcoin-enhanced balance sheet. CleanSpark's strategic expansion and focus on self-operated infrastructure have allowed it to set the standard for operational excellence and strategic discipline in the Bitcoin mining industry.

While CleanSpark has demonstrated impressive growth, it faces competition from other miners. Competitors like MARA and Riot Platforms have also reported increased Bitcoin production and hashrate growth. CleanSpark is focused on increasing its Bitcoin mining hashrate and associated revenues. With its current infrastructure and power contracts, CleanSpark is well-positioned to continue scaling and expanding its operations.