CleanSpark Ends Monthly Bitcoin Mining Updates as Production Falls and Stock Is Down 24%

TLDR CleanSpark mined 529 bitcoin in September, down nearly 11% from August, and will move to quarterly reporting. BitFuFu produced 167 bitcoin, a 4% drop, as cloud mining fell nearly 20%. BitFuFu says its proposed Ethiopia mining deal may not close after an electricity dispute. Canaan held output at 44 bitcoin and brought its Nordic heating project fully online. CleanSpark closed a $2.276 billion notes offering to fund its Georgia data center. CleanSpark, BitFuFu and Canaan reported their September bitcoin mining results this week. CleanSpark and BitFuFu produced less than in August, while Canaan stayed flat. CleanSpark, Inc., CLSK CleanSpark mined 529 bitcoin in September, down nearly 11% from 593 in August. BitFuFu produced 167 bitcoin, a 4% drop from 174. Canaan mined 44 bitcoin, the same as August.

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