CleanSpark Produces 671 BTC in May 2026
CleanSpark, a Bitcoin mining company, reported a production of 671 BTC for May 2026, as detailed in their operational update released on June 5. The company achieved a daily high of 23.16 BTC during the month, bringing their total production for the year to 3,110 BTC.
As of the end of May, CleanSpark's operational hash rate remained steady at 50 EH/s, with an average hash rate of 46.2 EH/s. The company's Bitcoin holdings increased to 13,470 BTC, up from 13,453 BTC at the end of April. Additionally, CleanSpark sold 404 BTC on the spot market and exercised call options to sell another 250 BTC, with an average selling price of $79,934.
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Key Takeaways:
- CleanSpark produced 671 BTC in May 2026.
- Total Bitcoin production for the year reached 3,110 BTC.
- Bitcoin holdings increased to 13,470 BTC.
- Average selling price for BTC was $79,934.
Bitcoin Price Decline Amid Stable Hashrate
The Bitcoin price has recently fallen, yet the hash rate remains stable, indicating a complex relationship between market price and network security. The hash rate, which peaked in October 2025, has shown resilience, currently hovering around one zettahash, according to data from Bitinfocharts.
Despite the Bitcoin price dropping below $70,000, the hash rate continues to reflect a strong network, suggesting that more computational power is being directed towards securing the Bitcoin network. This decoupling of hash rate and price has been observed before, notably during the mining ban in China in May 2021, which temporarily reduced the hash rate but was quickly recovered.
Key Takeaways:
- The Bitcoin hash rate is currently around one zettahash.
- Despite a drop in Bitcoin price, the network's security remains strong.
- Historical trends show resilience in hash rate following market disruptions.
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