Three major mining companies, including CleanSpark, BitFuFu, and Canaan, officially reported a decrease in their first cryptocurrency production volumes in June of the current year. Remarkably, this decline occurred against the backdrop of mining difficulty dropping to its lowest levels of 2026, a factor that typically should facilitate an increase in mining output. Specifically, CleanSpark's production amounted to 614 BTC, down from 671 BTC in May. A similar downward trend was observed at BitFuFu, whose mining output fell from 177 BTC to 125 BTC, as well as at Canaan, which mined 64 coins compared to 90 coins the previous month. The primary factor behind CleanSpark's weak result was a drop in its average operational hashrate, which fell from 46 EH/s to 43 EH/s, although the miner still held 13,924 BTC on its balance sheet at the end of the month.

The total computing power of BitFuFu's equipment also declined from 19.5 EH/s to 15 EH/s, which was caused by a reduction in rented capacities. Nevertheless, the firm continued to systematically expand its own equipment fleet: in June, the company deployed 1,200 additional S21 XP miners, increasing its proprietary hashrate to 3.5 EH/s, and plans to connect another 2,000 devices in July. At Canaan, the decrease in mining was attributed to scheduled power grid maintenance at one of its production sites. At the same time, its Texas joint venture successfully recovered from May disruptions caused by wildfires, adding 49 BTC to its balance and finishing June with record holdings of 1,915 BTC and 3,952 ETH. The market reacted to this news in varied ways: CleanSpark shares rose by 5 percent to 13 dollars, BitFuFu stocks gained 7 percent to 1.42 dollars, while Canaan's quotes dropped by 1.5 percent to 0.2 dollars.

Against the backdrop of general industry challenges, CleanSpark made a powerful strategic move by signing a 20-year lease agreement for a data center campus in Sandersville, Georgia, with an unnamed investment-grade technology company on July 14. The value of this massive contract is estimated at 6.6 billion dollars. The lessee will deploy infrastructure with a capacity of 175 MW on the site, and the facility is scheduled to become operational in the fourth quarter of 2027. The agreement includes two five-year extension options, which, if exercised, could increase the total deal value to 11.6 billion dollars. According to CleanSpark CEO Matt Schultz, this contract marks the company's transition from classic Bitcoin mining to a diversified digital infrastructure model and will allow it to begin commercializing its energy assets. Simultaneously, the parties signed an exclusive negotiation agreement covering CleanSpark's entire Texas portfolio, which includes two sites spanning 718 acres with a potential capacity of up to 885 MW. CleanSpark began its pivot toward artificial intelligence infrastructure back in the fall of 2025, and this trend is now being confirmed by other industry players, such as MARA Holdings, which recently purchased a site in Texas for an amount that could reach 600 million dollars.

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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.