BitFuFu Inc. (NASDAQ: FUFU), a leading Bitcoin miner, has shared its operational updates for September 2026, highlighting stability and efficiency. The company produced 167 BTC, a slight decrease from 174 BTC in August, with daily production steady at 5.6 BTC. Self-mining production rose to 98 BTC from 88 BTC, while cloud mining output dropped to 69 BTC from 86 BTC. The company's total hashrate under management was 19.4 EH/s, down from 20.6 EH/s in August, with self-owned hashrate unchanged at 3.8 EH/s.
BitFuFu's Bitcoin holdings increased to 1,388 BTC, up 15 BTC from August. The company's average fleet efficiency remained at 16.7 J/TH, and power capacity under management slightly decreased to 324 MW from 344 MW. Leo Lu, Chairman and CEO of BitFuFu, emphasized the stability of their operations and the limited impact of power curtailment in Ethiopia on overall production.
The company also provided an update on its proposed acquisition of an 80-megawatt Bitcoin mining facility in Ethiopia, which has faced delays due to unresolved conditions. BitFuFu has invested $4.1 million and deployed 13,700 BITMAIN ANTMINER S19 series machines, generating 1.57 EH/s. However, a contractual dispute with the local power supplier has raised concerns about the facility's operational environment, prompting BitFuFu to evaluate its contractual rights and potential remedies.
BitFuFu is exploring options including termination of the agreement, arbitration, and recovery of deployed machines. Despite the uncertainty, the company expressed confidence in protecting its interests and those of its shareholders. The final outcome of these matters remains uncertain, and BitFuFu will continue to monitor the situation.