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Bitfarms mined 204 BTC in November and sold 171 BTC
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2024-12-02 21:03:02 6,128
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)
Keywords: Bitcoin
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