- Sphere 3D ( NASDAQ: ANY ) produced 12.19 bitcoin, or 0.41 bitcoin daily, in June 2022 - down 3.02% from the 12.57 coins produced in May 2022.
- Based on a bitcoin price of $19,889 on June 30, 2022, the equivalent approximate valuation of Sphere 3D's production totaled $242,500 for the month.
- The bitcoin miner has produced 55.26 coins, since it began its mining operations in Q122. It held held 49.23 Bitcoin on June 30. This represented a valuation of ~$1.0M based on the bitcoin price on June 30.
- Approximately 1,000 S19j Pros miners were deployed as of June 30, delivering a production capacity of about 100 PH/s. Sphere 3D operated at 128 BTC/EH efficiency in the month, with an average 97.0% uptime.
- Sphere 3D expects to take delivery of about 4,000 (400 PH/s) new S19j Pros from BitFuFu, the global strategic arm of Bitmain, during July 2022. The miners are scheduled to arrive in multiple shipments and ports in early July.
- "August 2022 production should increase significantly due to the addition of approximately 400 PH/s of production to our mining operation between now and the end of August, 2022,", the company stated.
- Shares are up 9.5% after-hours.
For further details see:
Sphere 3D June bitcoin production down 3% sequentially