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Bitcoin Bonanza: CleanSpark’s Hasrate Growth Soars… Right Into the Abyss of Irrelevance!

News Kevin Nelson October 7, 2024

An illustration of a rocket ship blasting off into the sky, but instead of soaring to great heights it crashes back down to earth amidst flames and debris. In the background, several other rockets are seen exploding or falling apart.

So the crypto bros are still at it, touting their precious Bitcoin as some kind of legitimate investment opportunity. Meanwhile, CleanSpark’s CEO Zach Bradford is out here bragging about his company’s hashrate growth like he’s won a prize for ‘most likely to get fleeced by investors’. 187% increase in hashrate over the past year? Whoop-de-doo! That just means you’ve managed to convince more gullible idiots to part with their cash so you can keep mining that worthless digital coin. And what does it all amount to, really? A bunch of numbers on a computer screen created from thin air by some clever algorithm-wielding wizardry.

Source: cointelegraph

CleanSpark reports 187% hashrate growth
https://cointelegraph.com/news/cleanspark-reports-187-percent-hashrate-growth
Bitcoin miner CleanSpark has posted a 187% increase in its hashrate over the past 12 months, according to its unaudited fiscal year report released on Oct. 4. CleanSpark’s hashrate rose from 9.6 EH/s in September 2023 to 27.6 EH/s in September 2024, with 5 EH/s added over the past month alone. In a statement, CEO Zach Bradford attributed the performance to strategic acquisitions: CleanSpark currently operates multiple data centers across […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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