Bitcoin mining company Cipher Mining mined about 225 BTC in December, an increase of 137% from the previous month

Bitcoin mining firm Cipher Mining has announced unaudited production and operations for December 2022. Due to the expansion and use of 8326 Bitmain and MicroBT mining machines in Odessa in December, the hash rate of Cipher Mining at the end of the month reached 2.8 EH/s, an increase of 40% compared to the previous month, and the mining output increased to about 225 BTC, compared with Production was up 137% last month. In the regular financial management process, Cipher sold about 39 BTC in December, and the balance at the end of the year was about 394 BTC.