BitFuFu mined 2,253 BTC during H1'23 and had 15.2 EH/s as of June 30
Bitcoin's daily production benchmark dropped to an all-time low below 2 BTC/EH/s in January.
The company makes two acquisitions for $23.2 million cash
Cost of debt includes quarterly interest payments and a one-time repayment fee
The latest addition to Bitmain's interest in proprietary bitcoin mining
Hut 8's original service contract was for another four years with a monthly fee of $1.2 million
Ibex's holdings of Core Scientific were worth $30 million as of Feb. 1
Geographic coordinates, power suppliers, energy loads and mining fleet breakdown
Ten-folded From $76M to $775M
Meanwhile, Hut 8 has become a stakeholder of Ionic Digital
The decline of bitcoin's production benchmark appears inevitable
Since May 2023, Marathon's MaraPool has been consistently producing multiple blocks a day – until Sunday.