Gryphon Digital Mining Says Achieved Bitcoin Efficiency Of 24 BTC/EH For The Month Of July
Portfolio Pulse from Benzinga Newsdesk
Gryphon Digital Mining reported achieving a Bitcoin efficiency of 24 BTC/EH for July, with a monthly average hashrate of 871 PH/s, an 8% increase over July 2023. The company held approximately 21 Bitcoin in its treasury at the end of July.
August 05, 2024 | 11:08 am
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Gryphon Digital Mining achieved a Bitcoin efficiency of 24 BTC/EH for July, with an 8% increase in hashrate and 21 Bitcoin in its treasury.
The increase in Bitcoin efficiency and hashrate indicates improved operational performance, which is likely to positively impact Gryphon Digital Mining's stock price in the short term. Holding 21 Bitcoin in its treasury also adds value.
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