BitFuFu Reports August Bitcoin Production and Higher Managed Hashrate

BitFuFu, the Bitcoin mining company under Bitmain, disclosed its August operating data. According to Odaily, the company mined 174 BTC during the month, including 88 BTC from self-mining and 86 BTC from cloud mining. As of the end of August, BitFuFu held 1,373 BTC in total. Its managed hashrate rose to 20.6 EH/s from 14.2 EH/s in July, while managed power capacity increased to 344 MW from 255 MW. The company said its average mining machine efficiency improved to 16.7 J/TH.