Bit Digital mined 142,5 bitcoins in July

The mining company’s total reserves increased to 889,1 BTC and 2176,9 ETH

09.08.2022 - 08:10

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What’s new? Bit Digital, a US-based mining company, has released data on its activities for July 2022. In just a month, Bit Digital mined 142,5 BTC (about $3,395 million as of August 9, 07:30 UTC), an increase of 111% over June. This is reported in the company’s press release.

Bit Digital’s press release

What other data has been released? The company’s total reserves at the moment of publishing amounted to 889,1 BTC (~$21,18 million according to the current Binance rate) and 2176,9 ETH (~3,87 million). Bit Digital has a total of 38 136 bitcoin mining devices with a total hashrate of 2,7 EH/s and 731 Ethereum miners with a capacity of 0,3 TH/s.

Bit Digital is a large mining company headquartered in New York City with farms located in various US states. The company’s shares are traded on the NASDAQ Stock Exchange under the ticker BTBT. As of August 9, 07:30 UTC, the share price was $1,62, adding 4,52% per day, according to Investing.com.

Earlier, statistics on its activities for July 2022 were released by Hut 8 Mining, an American mining company. In just a month, it mined 330 bitcoins (~ $7,82 million at the current Binance rate), and the company’s total reserve amounted to 7736 coins (~ $183,4 million).

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