BitFuFu Boosts Bitcoin Mining Output by 55%

BitFuFu, a mining company, increased its Bitcoin mining output by 55% in August. The company mined 174 BTC during this period, up from 112 BTC in July.

This significant jump in output is accompanied by an increase in the managed hash rate of 45%, reaching 20.6 EH/s in August.

Other notable companies mentioned in the report include CleanSpark and Canaan. While CleanSpark saw a minor 1% rise to 593 BTC, Canaan's results declined for the third consecutive month, with only 44 BTC mined.