Bitfarms mined 204 BTC in November and sold 171 BTC
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2024-12-02 21:03:02 6,128
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Golden Finance reported that Bitcoin mining company Bitfarms announced its latest monthly production report. The company’s mining operations produced 204 BTC in November, compared with 236 BTC in October, reflecting a 1% increase in average operating EH. Bitcoin The difficulty has been increased by 7%. The operating speed on November 30 was 12.8 EH/s, a year-on-year increase of 100% and a month-on-month increase of 11%. The company’s BTC mining output year-to-date totals 4,482 coins. Additionally, Bitfarms sold 171 of the 204 BTC earned from the company’s regular money management business, for total proceeds of $14.6 million. Taking into account the transfer of Bitcoin funds to Bitmain, Bitfarms held 870 Bitcoins at the end of November, down from 1,188 Bitcoins the previous month. (Globenewswire)