Crypto
BitFuFu Sees 55.4% Rise in August Bitcoin Production
Bitcoin mining platform BitFuFu reported an increase in bitcoin production for August. According to the company, they produced 174 BTC during this period, a 55.4% rise from July's 112 BTC.
The total hashrate under management by BitFuFu reached 20.6 exahashes per second as of August 31, up 45.1% from July's 14.2 EH/s. Daily bitcoin production averaged 5.6 BTC throughout August compared to July's 3.6 BTC.
BitFuFu also noted that their total power capacity under management increased by 34.9% to 344 megawatts from 255 MW in July. Average fleet efficiency improved to 16.7 joules per terahash from 18.0 J/TH in July.