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News

Cipher Mining Announces July 2024 Operational Update, 178 BTC Mined During The Month

Author: Benzinga Newsdesk | August 02, 2024 09:04am

Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for July 2024.

 

Key Highlights

Key MetricsJuly 2024
BTC Mined1178
BTC Sold108
BTC Held2,270
Deployed Mining Rigs75,000
Month End Operating Hash Rate (EH/s)8.7

1 Includes July power sales estimates (based on current meter data and nodal prices) equivalent to 9 bitcoin (using month-end bitcoin price of $63,921)

Posted In: CIFR

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