CleanSpark produces 593 BTC and sells 821 in August

CleanSpark reported mining 593 Bitcoin in August 2026, while selling 821 Bitcoin during the same period. The company ended the month with a treasury of 13,703 BTC, down from 13,931 BTC at the end of July.

Production and Hashrate

The average operating hashrate for August was 38.3 exahashes per second (EH/s), with a peak daily output of 20.40 BTC and an average of 19.12 BTC per day. Year‑to‑date production reached 4,903 BTC. The fleet comprised 201,269 mining machines and a maximum concurrent power draw of 808 megawatts.

Hashprice and Energy Efficiency

August’s hashprice averaged $34.63 per petahash per day, the highest monthly level since May 2026. Luxor estimated that fleets operating between 14 and 19 joules per terahash (J/TH) generated roughly $87 per megawatt‑hour in revenue, while the industry average power cost was about $48 per megawatt‑hour. CleanSpark’s peak efficiency was reported at 16.07 J/TH, suggesting its best‑performing machines likely covered direct electricity costs, though the company did not disclose average fleet efficiency or actual electricity rates.

Bitcoin Sales

CleanSpark sold a total of 821 BTC in August, comprising 77 BTC sold at spot prices, 500 BTC sold through call exercises, and 244 BTC linked to a delta‑neutral basis trade. The average sale price was reported as $65,420 per BTC, calculated on a net‑proceeds basis.

Derivatives Exposure

Approximately 3,951 BTC (about 29% of holdings) were posted as collateral or recorded as receivables tied to derivative transactions. Details on counterparties, maturities, or profitability of these positions were not disclosed.

Financial Context

The most recent quarterly results (ended June 30) showed $138 million in Bitcoin mining revenue and $85.5 million in cost of revenue, indicating a positive margin before broader expenses. However, the company recorded a net loss of $239 million for the quarter, including a $116.3 million fair‑value loss on Bitcoin holdings.

Future Outlook

Construction continues at CleanSpark’s Sandersville, Georgia data‑center campus, associated with $6.6 billion in contracted revenue over the term of the contracts. In Texas, the company received conditional classifications for 585 MW of baseload capacity and 300 MW of studied load capacity from ERCOT, pending further approvals.

CleanSpark’s next production report, expected in September, will provide updated hashrate, sales, and treasury figures, while upcoming financial filings will be needed to assess actual operating margins after accounting for electricity and other expenses.