Bit Digital Says It Produced 145.7 BTC In January, 14% Decrease From Prior Month
Portfolio Pulse from Benzinga Newsdesk
Bit Digital reported a production of 145.7 BTC in January, marking a 14% decrease from the previous month. The company's active hash rate was around 2.50 EH/s as of January 31, 2024.
February 05, 2024 | 10:05 pm
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Bit Digital reported a 14% decrease in BTC production in January compared to the previous month, with an active hash rate of 2.50 EH/s.
A decrease in Bitcoin production typically indicates lower operational efficiency or potential challenges in mining operations, which could negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 75
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