Gate News reports that on March 6, Bitcoin mining company CleanSpark released its February operational update. The company mined 568 Bitcoin in February and sold 553, achieving a sales ratio of 97%, one of the highest in the company’s reported production-to-sales ratio. At an average price of $66,279 per Bitcoin, the sales generated approximately $36.65 million in cash, aimed at funding its expansion into AI and high-performance computing data centers. As of February 28, CleanSpark still held 13,363 Bitcoin, with 1,086 of those used as collateral or related to receivables from derivatives trading. The company’s operational hash rate reached 50 EH/s, about 7% of the global total hash rate, and it added 300 MW of capacity in Texas, with total contracted power reaching 1.8 GW.
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