Bitcoin miner BitFuFu produced 174 BTC in August and holds 1,373 BTC.

iconPANews
Share
AI summary iconSummary
Bitcoin miner BitFuFu mined 174 BTC in August, including 88 BTC from self-operated mining and 86 BTC from cloud mining. As of month-end, the company held 1,373 BTC. Its managed hash rate increased to 20.6 EH/s, a 45.1% quarter-over-quarter rise, with mining node capacity expanding to 344 MW. The average energy efficiency of its Layer 1 blockchain mining operations improved to 16.7 J/TH.

PANews, September 3: Bitcoin mining company BitFuFu has released its unaudited Bitcoin production and operational metrics for August. The company mined a total of 174 BTC during the month, with 88 BTC from self-operated mining and 86 BTC from cloud mining. As of the end of August, the company’s total Bitcoin holdings amounted to 1,373 BTC. Managed total hash rate increased from 14.2 EH/s in July to 20.6 EH/s, a 45.1% month-over-month growth; managed power capacity expanded from 255 MW to 344 MW, and the average energy efficiency of mining equipment improved to 16.7 J/TH.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.