CleanSpark, a US-based Bitcoin mining company, has reported that it doubled the number of Bitcoin mined last quarter compared to the same period last year, but revenue only increased by 14%. The company's CFO attributed the stunted revenue growth to low Bitcoin prices. However, CleanSpark's improved hash rate puts it in a good position to take advantage of even the slightest increase in Bitcoin prices. The company is also preparing for the next halving event, which is expected to occur next April, by adding more mining computers to its facilities and striving to use renewable energy sources.
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