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Bit Digital increased its bitcoin production by 110.8% to $142.5 in July.

Last month, the company employed 12,044 bitcoin miners as well as six ethereum miners.

Bit Digital, a crypto miner, produced 142.5 BTC last July — an 110.8% increase over the previous month.

According to Monday’s operations update, the company also produced 0.5 ETH in July.

Bit Digital deployed 12,044 Bitcoin miners and six Ethereum miners last Month, which represents 1.09 exahash (EH/s), and 0.0 Terahash (TH/s), respectively.

The company’s total hashrate as of July 31 was 2.7 EH/s, and 0.3 Terahash T/s. It had 38,135 BTC reserves and 731 Ethereum.

Last month, the company signed a hosting agreement for 5 megawatts of power capacity.

The post Bitcoin Mining Company Bit Digital Announces a 110% Increase in Mined Bitcoin in July first appeared on The Daily Encrypt.


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Angie Byrd