September of 2023 was a great month for Bitcoin mining companies. While the crypto world has been focused on the high-profile court cases regarding SBF and Celsius’ Mashinsky, Bitcoin miners have steadily been improving their hash rates, promising a greater future supply of the first cryptocurrency.
News of record outputs from three Bitcoin mining firms coincides with reports of Kraken witnessing a 5-year ATH of BTC inflow and a 506.06M hash rate spike in mid-September, according to YCharts.
CleanSpark Celebrates Best Year on Record
CleanSpark mined 643 BTC in September, bringing its total BTC holdings to 2,240.
According to the firm’s CEO, these numbers have not only made the past few months their most profitable quarter on record – they’ve turned CleanSpark’s FY23 into their best year to date.
We had our best quarter and best fiscal year ever. Our efficiency is up, our energy costs are among the best in the industry, and our facilities are running at max capacity. I’m esp
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