CleanSpark produced 593 Bitcoin in August, up from 586 BTC in July. Average daily output was 19.12 BTC, with a peak day of 20.40 BTC. Year-to-date output reached 4,903 BTC.
Production rises while hashrate slips
CleanSpark ended August with 50 EH/s of operational hashrate, though average operating hashrate slipped from 38.6 EH/s in July to 38.3 EH/s. Operational hashrate is the highest computing power achieved at once by installed, energized and working miners, not the average running through the month.
As of Aug. 31, the fleet had 201,269 machines. Peak efficiency was 16.07 joules per terahash. The efficiency figure is a peak reading, not an average for every machine, so it cannot alone calculate the monthly power bill.
Sales outpace mining, treasury shrinks
CleanSpark sold 821 BTC in August: 77 BTC at spot prices, 500 BTC through call exercises and 244 BTC tied to a delta-neutral basis trade. The average sale price was $65,420 per BTC. CleanSpark calculated that using net proceeds plus premiums, not the simple spot price for each coin.
With 593 BTC mined and 821 BTC sold, sales exceeded production by 228 BTC. That matches the treasury drop from 13,931 BTC on July 31 to 13,703 BTC on Aug. 31. CleanSpark said 3,951 BTC, about 29% of holdings, were posted as collateral or recorded as receivables. It did not disclose profits, losses or counterparty details for those derivatives.
Hashprice improves but profit is unclear
Mining economics improved in August, especially after Bitcoin rallied late in the month. Luxor found hashprice opened at $31.63 per petahash per day and closed at $39.33. It averaged $34.63, the highest monthly level since May.
For equipment at exactly 16.07 J/TH, that average hashprice implies an electricity-only breakeven of about $0.090 per kilowatt-hour. That excludes payroll, maintenance and overhead. CleanSpark did not disclose its average August power price or fleet-wide average efficiency. Luxor estimated fleets between 14 J/TH and 19 J/TH earned about $87 per megawatt-hour in energy revenue, while industry average power cost was around $48 per megawatt-hour. That suggests CleanSpark’s best machines likely cleared direct power costs, but it does not prove the whole operation was profitable in August.
Data centers and ERCOT move into focus
Construction continued at CleanSpark’s Sandersville, Georgia, data center campus. The project is tied to $6.6 billion in contracted revenue, a figure for expected revenue over the contract term that has not been fully recognized. In Texas, ERCOT issued conditional batch-zero classifications for 585 MW of contracted baseload capacity and 300 MW of studied load capacity. Conditional status does not mean the sites can run at full capacity. CleanSpark said it will keep working with ERCOT and the Public Utility Commission of Texas.
CleanSpark’s next monthly report will offer another look at hashrate, Bitcoin sales and treasury holdings. Its next financial filing will be needed to judge actual operating margins. The update arrived after the regular U.S. trading session on Sept. 8, so the closing price does not give a clean market reaction.
