BitFuFu announces achievement of 20 EH/s in hashrate
Main Idea
BitFuFu announced it has surpassed 20 exahashes per second in hashrate, enabling its mining pool to theoretically produce an average of 10 BTC, while its shares dropped slightly pre-market.
Key Points
1. BitFuFu's hashrate exceeded 20 EH/s, allowing its mining pool to theoretically produce an average of 10 BTC.
2. BitFuFu shares were down -1.91% pre-market to $4.11.
3. The company produced 445 BTC in June.
4. BitFuFu reached an agreement for up to $150M at-the-market issuance.
Description
More on BitFuFu Missed The Circle Rally? Crypto Miner BitFuFu Might Offer The Next Big Opportunity BitFuFu: Punished For A Bad Quarter, Poised For A Powerful Re-Rating BitFuFu: Q1 Was A Strategic Reset, But Hashrate Rebound Signals A Stronger Q2 Ahead BitFuFu produces 445 BTC in June BitFuFu reaches agreement for up to $150M at-the-market issuance
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