CleanSpark's Bitcoin mining costs decreased by 25% in the fourth quarter, with mining machine efficiency improving to 19.2 J/TH

ChainCatcher news, reported by TheMinerMag, shows that Bitcoin mining company CleanSpark released its fourth-quarter financial report, indicating that thanks to upgrades in mining machines and optimization of operating expenses, the company's unit cost of computing power has decreased by approximately 25%. 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 shows that CleanSpark invested $192 million in mining equipment in the fourth quarter, improving the energy efficiency of its mining machines to 19.2 J/TH. The company's electricity and hosting costs are approximately $0.0511 per kilowatt-hour. In January 2025, CleanSpark's actual computing power reached 34.77 EH/s, mining 626 Bitcoins, ranking second among public mining companies. During this period, the company raised $186 million through stock financing and $635 million through convertible bond financing.