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Cipher Mining Produces ~334 BTC in February, Ends the Month with a Balance of ~1,433

Cipher Mining Produces ~334 BTC in February, Ends the Month with a Balance of ~1,433

2024/03/01 22:41
BTC+0.19%


Cipher Mining has released its February 2024 unaudited production and operations update. The company produced approximately 334 BTC in February, averaging a monthly network hash rate increase of approximately 9.4%. As part of its regular financial management process, Cipher sold approximately 33 BTC in February and ended the month with a balance of approximately 1,433 BTC.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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