Bitfarms earned 253 Bitcoins in July, up from last month
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Contributor since / Followers
Contributor since / Followers
2 months ago
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- Bitfarms (NASDAQ:BITF) said its mining operations generated 253 BTC compared to 189 BTC in June.
- The rise in BTC was due to increasing corporate hash rate during the month, the firm said.
- Average operating for the month was 10.3 EH/s, as compared to 7.6 EH/s.
- 8.2 BTC earned daily on average, equal to ~$542,000 per day based on a BTC price of $66,100 at July 31, 2024.
- The firm reported 24.6 BTC/average EH/s, down 1% from the previous month due to the increase in network difficulty, offset by the installation of Bitmain T21 miners.