Bit Digital mined about 30% less bitcoin in May

Bit Digital mined about 30% less bitcoin in May

www.theblockcrypto.com

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Bit Digital produced 53.4 bitcoin in Might, representing a 29.9% lower from the earlier month.

Throughout the identical month, the corporate additionally mined 27.0 ETH, per an announcement on Wednesday.

The corporate held 793.6 BTC and 316.1 ETH as of Might 31, with a good market worth of roughly $25.2 million and $0.6 million, respectively.

The corporate owned 33,376 Bitcoin miners and 731 Ethereum miners on the finish of the month — representing an estimated whole hash fee of two.17 exahash per second and 0.3 terahash per second, respectively.

Of Bit Digital’s at the moment owned mining fleet, 17.9% was deployed in North America as of Might 31.


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