Add as a preferred source on GoogleBitFuFu’s October Bitcoin Output Fell About 18% to 137 BTC
Holdings climbed 4.8% to 1,454 BTC at month-end. Cloud mining supplied 70 BTC and self-mining 67 BTC.
Bitcoin miner BitFuFu produced 137 Bitcoin (BTC) in October, about 18% below September, and ended the month holding 1,454 BTC, up 4.8% month over month.
Cloud mining accounted for 70 BTC, while BitFuFu’s own mining operations produced 67 BTC. Average production was 4.4 BTC per day. The October total was below September production of 167 BTC.
BitFuFu attributed the output decline primarily to higher Bitcoin network difficulty.
Hashrate under management totaled 19.5 exahashes per second (EH/s), including 3.7 EH/s from the company’s own capacity and 15.8 EH/s from third-party suppliers and hosting customers.
Average fleet efficiency improved to 16.3 joules per terahash (J/TH) from 16.7 J/TH in September. Managed power capacity was 317 megawatts.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.