other material
confidence high
sentiment positive
materiality 0.60
Gryphon Digital Mining reports record Q2 hashrate of 899 PH/s (20% YoY); produced ~84 bitcoin valued at ~$5.5M
American Bitcoin Corp.
- Record quarterly hashrate of 899 PH/s, up 20% YoY; record monthly energy efficiency of 28.5 J/T in June.
- Produced ~84 bitcoin in Q2; projected value ~$5.5M based on average bitcoin price of $65,916.
- June bitcoin efficiency of 25 BTC/EH; 99.4% fleet uptime; operations 100% powered by zero-carbon hydro.
- Included in Russell Microcap Index effective July 1, 2024; held ~16 bitcoin in treasury at June end.
- Evaluating over 20 growth opportunities; considering High Performance Computing (HPC) in expansion plans.