BitFuFu's Bitcoin production in August surged over 55% month-on-month to 174 BTC, while CleanSpark saw a slight increase, and Canaan's production continued to decline.
BitFuFu's production rebound was primarily driven by a significant expansion in its mining capacity, with total hashrate under management increasing by 45.1% month-over-month to 20.6 EH/s. CleanSpark's production saw a slight increase of approximately 1% to 593 Bitcoins. In contrast, Canaan's Bitcoin production declined for the third consecutive month to 44 Bitcoins. It also sold its entire holdings of 3,952 Ethereum and 54 Bitcoins, cashing out approximately $13.9 million, of which $5.4 million was used to repurchase 13.6 million American Depositary Shares.
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Source:The Block · Source Link
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