2023-08-04 08:44:28 ET
- Digital asset mining company Bit Digital ( NASDAQ: BTBT ) on Friday posted a 12% sequential increase in bitcoins produced in July at 133 BTC.
- Higher production on account of higher average active hash rate, partially offset by an increase in network difficulty, the company said.
- The company's active hash rate was about 1.78 EH/s and had cash and cash equivalents of $21.9M as of July end.
- Additionally, it had 576 ETH (18 Nodes) deposited but in queue to be activated on the Ethereum staking network.
- BTBT +1.5% premarket to $4.0
- Source: Press Release
For further details see:
Bit Digital excavates 12% more bitcoins in July than prior month