CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Issues November 2022 Production Update
Dec 6, 2022
Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited bitcoin production and corporate updates for the month of November 2022. Among the highlights the company reportedly earned 144.1 bitcoins, a 5% decrease compared to the prior month. The decline is attributed to an increase in network difficulty. In addition, Bit Digital owned 38,593 bitcoin miners and 730 ethereum miners as of Nov. 30, 2022, with an estimated maximum total hash rate of 2.7 exahash (“EH/s”) and 0.3 terahash (“TH/s”), respectively. Of the company’s bitcoin mining fleet, 39% (14,978 bitcoin miners representing 1.40 EH/s) was actively hashing in North America as of Nov. 30, 2022.
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About Bit Digital Inc.
Bit Digital is a bitcoin mining company headquartered in New York City with operations located in North America. For additional information, please contact [email protected] or visit the company’s website at www.Bit-Digital.com.
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