Loading video...

Video Failed to Load

Go Home

American Bitcoin has completed the energization of ~11,298 additional ASICs, delivering on our expansion plans and further scaling our mining operations. ~28.1 EH/s total owned hashrate ~12% increase in mining capacity ~89,242 total miners in the fleet ~3.05 EH/s added at ~13.5 J/TH efficiency This fleet expansion reinforces American...

27,513 views • 4 months ago •via X (Twitter)

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

30 and thriving! 🌻🌻🌻 We've achieved the incredible milestone of 30 EH/s in operational #hashrate, a 200% increase since October 2023, through significant organic growth paired with turn-key acquisitions and the execution of a fleet upgrade. Our efficiency was improved during the same period by nearly 20% and we boosted the number of operational machines by 112%. This has allowed us to increase computing power and produce more #bitcoin while consuming less energy and allowing for more hashrate to be generated with fewer machines. We expect to surpass 37 EH/s before the end of 2024 and intend to continue our growth to 50 EH/s and beyond in 2025. Additional hashrate is anticipated to come online due to the expected acquisition closing of GRIID this month. CleanSpark is one of the largest owned-and-operated publicly traded bitcoin miners in North America and has a portfolio of sites located in Georgia, Mississippi, Wyoming and Tennessee. "Reaching 30 EH/s positions us as one of the largest bitcoin miners in the world. We have added more operational hashrate than any other miner in 2024. The results we continue to deliver demonstrate our commitment and ability to scale rapidly and with capital efficiency," said Zach Bradford, $CLSK CEO. "Our team's agility, effectiveness and relentless grit has been paramount to the success of CleanSpark. Our efforts to time the market and lock in industry-best pricing on rigs and sites positioned us to take advantage of the opportunities in the market. During this period of rapid expansion of our operations, we have also grown our bitcoin treasury to over 8,049 bitcoin. Since October 2021, we have significantly increased our computing power year over year by quadrupling in 2022, nearly doubling in 2023 and tripling our hashrate in 2024." Press release here:

CleanSpark Inc.

107,830 views • 1 year ago

Paradox Infrastructure to Tokenize Part of Their $5m Fleet of BTC Miners on PinLink We’re delighted to announce that Paradox Infrastructure - who operate one of the leading global BTC mining operations - will be tokenizing a portion of their $5m+ mining fleet on PinLink’s “Pinnacle” fractional RWA marketplace. Paradox owns and operates over 800 M66S Whatsminer Immersion Models and they will start by tokenizing some of these miners on PinLink’s marketplace when our mainnet launches shortly. This will allow users to buy a fractional share of the miners’ income streams without having to host and operate them themselves. In doing so, it dramatically democratizing BTC mining revenue streams. “At Paradox Infrastructure, we're proud to operate a highly efficient Bitcoin mining operation,” said a Paradox Infrastructure spokesperson. “Through tokenization and fractionalization on PinLink, we're excited to open up access to these operations and share the benefits with a broader community. We're honored to be part of this innovative effort to advance the tokenized real-world asset space." PinLink is delighted to be the RWA tokenization platform of choice for the world’s leading infrastructure companies. We’re excited to welcome this new injection of inventory as we build out the largest RWA marketplace for physical assets. This provides another exciting step forward in our journey towards making $PIN the universal currency for the RWA sector.

PinLink

21,973 views • 1 year ago

BITCOIN RAILS #46: BITCOIN MINING IN THE AGE OF AI | with MARA CEO Fred Thiel 🔗 YOUTUBE: 🌿 SPOTIFY: In response to the AI-driven shock in global demand for computing power, large players in the Bitcoin mining industry have been forced to make significant strategic shifts to remain competitive. MARA — the largest Bitcoin miner in the world by hashrate — is emerging as one of the more well-positioned beneficiaries of these changing tides, having transitioned from an “asset-light” strategy (via hosted mining at third-party facilities) to an “asset-heavy” approach (owning its own land, power, and infrastructure) just ahead of the AI compute wave in 2024/25. I sat down with MARA CEO Fred Thiel to discuss how these shifting industry dynamics are playing out in practice — as well as his perspective on how key mining-related security and infrastructure issues may evolve in the coming months and years. In this episode, we cover: — How MARA scaled from near-zero hash rate in 2020 to the largest Bitcoin miner globally by the end of 2023 — Key differences between operating Bitcoin mining facilities versus AI data centers, and where the two models meaningfully intersect — Why ownership of power generation — rather than reliance on PPAs — may represent a durable competitive edge for miners and AI data center operators over time — Why Bitcoin may be entering its “IPO phase,” and why recent price corrections could reflect increasing market maturity rather than structural weakness We also explore more technical and often under-discussed topics, such as heat reuse, open-source mining technologies, and the implications of US policy goals around Bitcoin mining. This episode offers a grounded, operator-level view of where Bitcoin mining is headed, informed by one of the most influential leaders in the public mining sector. This episode of Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) — a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) — a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS 📌 00:00 Intro 01:09 From Marathon Patent Group to MARA 06:35 Why Owning Infrastructure is Key 07:46 First Public Companies Mining Bitcoin 09:54 Data Centers For AI vs Bitcoin Mining Facilities 14:07 How AI Data Centers Will Look Going Forward 15:37 How MARA is Diversifying From Bitcoin Mining 19:03 Private Cloud and Data Security 22:20 The Exaion Partnership 26:03 Future of Bitcoin and AI 40:22 Innovative Approaches to AI and Bitcoin Mining 42:06 Challenges and Opportunities in Power Generation 45:38 Strategic International Partnerships 50:43 The Future of Real World Assets 53:53 Bitcoin Mining in China 57:24 Why MARA Runs Their Own Software 01:00:19 Where is Bitcoin Mining Headed 01:04:17 Benefits of Running a Mining Pool 01:07:17 Heat Reuse in Mining 01:12:23 The Role of Data Centers in Power Generation

Isabel Foxen Duke⚡️

31,915 views • 7 months ago