Odaily Planet Daily News Bitcoin mining company CleanSpark released its fourth quarter 2024 financial report. The company's quarterly revenue reached US$162.3 million, a year-on-year increase of 120%; net profit was US$246.8 million, and adjusted EBITDA was US$321.6 million. As of the end of 2024, the company held 10,500 bitcoins and total assets of US$2.8 billion. CleanSpark's mining cost per bitcoin is only about US$34,000. CFO Gary Vecchiarelli said that at current market prices, mining is more advantageous than direct purchase. The company plans to increase computing power to 50 EH/s in the first half of 2025 by expanding operations in Wyoming, Tennessee and Georgia. (The Block)