Reading time: ~2 m
Miners in the U.S. are looking to accumulate bitcoins and invest in expanding the fleet of machines.
The American mining CleanSpark, whose shares are traded on the Nasdaq exchange under the ticker symbol CLSK, presented the latest financial results of its activities, from which it follows that the organization continues to accumulate bitcoins without selling all the mined BTC on the market.
As a result, CleanSpark currently has 550 BTC totaling about $16.6 million.
In May, the company mined 312 BTC, and sold 210 BTC at an average price of 32,639 thousand dollars / BTC, directing the proceeds to finance its activities.
The company, which is based in Nevada, has more than 25 thousand bitcoin miners who have a total hashrate of 2.5 Eh / s. On average, the company focuses on mining 10.69 BTC per day.
In April, the company sold 258 BTC for current expenses, and then it had 1 thousand miners less. A comparison with the situation in May shows that with the expansion of the equipment park, the company was still able to reduce the number of bitcoins sold, focusing on increasing corporate savings in these digital assets. In May, the company additionally retained 102 BTC, that is, 292% more than in April.
In the US, the bitcoin mining business does not experience any sense of “crypto winter”. So, the mining company Bitzero announced that it plans to invest $ 500 million in the creation of mining facilities in the US state. North Dakota.
#American #mining #company #Cleanspark #reduced #sale #bitcoins