HomeCryptocurrencySphere 3D Shares Latest Production and Operation Updates for September 2023, Boosting...

Sphere 3D Shares Latest Production and Operation Updates for September 2023, Boosting Investor Confidence.

Sphere 3D Reports September 2023 Bitcoin Mining Results

Sphere 3D Corp. (ANY) has released the production and operation updates for its Bitcoin mining operation in September 2023.

Key Highlights:

  • 63.6 Bitcoin mined in September, showing a 9.1% increase from August and a massive 473% YoY growth.
  • The month-end operating hash rate remained 1.3 EH/s, steady from August and up 13 times YoY.
  • The mining operations achieved an impressive efficiency of 84.0 BTC/EH.
  • Uptime was 66%, affected by curtailments due to higher temperatures at several sites.
Metrics Sep 2022 Aug 2023 Sep 2023
Bitcoin Mined 11.1 58.3 63.6
Bitcoin Sold 7.8 65.7 49.9
Mining Revenue* $0.2 million $1.6 million $1.7 million
Bitcoin Holdings 78.1 2.8 16.5
Deployed Miners

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