CleanSpark, one of the bitcoin miners, has sold almost all of the bitcoins it produced in the last month.
According to the statement made by CleanSpark today, the company increased by 9% in June compared to the previous month. 339 bitcoins produced.
CleanSpark then 328 of themaverage per unit $25,644 selling at a price of approx. $8.4 million earned income.
Bitcoin, from the level of 30 thousand dollars in June up to $20,000 regressed, losing more than 30% in value.
Some cryptocurrency miners not selling and hoarding prefers. However, as we reported today, another mining company, Core Scientific, has 7 thousand 202 bitcoins sold it.
CleanSpark’s CEO, Zach Bradford, answered in a May statement why they were selling instead of accumulating all the bitcoins they produced:
“By unconsciously accumulating bitcoins, we will not flood our shareholders, we will not borrow unnecessarily.”
CleanSpark, including devices purchased earlier this month, is approximately 28,500 bitcoin miners working with Their combined generation power exceeds 2.8 EH/s.