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
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