BitFuFu's Bitcoin Production Reaches 174 BTC in August, Up 55.4%

BitFuFu's total Bitcoin production in August reached 174 BTC, an increase of 55.4% compared to 112 BTC in July. Operational updates indicate that cloud mining is the main driver, with production in this segment rising from 40 BTC to 86 BTC, accounting for 46 BTC of the new 62 BTC. In terms of self-mining, 88 BTC were produced in August, up from 72 BTC in July. The Bitcoin inventory at the end of the month stood at 1,373 BTC, an increase of 59 BTC from 1,314 BTC, including 44 BTC held as collateral. Despite the rebound, this figure is still 298 BTC lower than the 1,671 BTC recorded in June. In the July disclosure, BitFuFu attributed the decline to prepayments for the computing power capacity planned to start in August. The operational expansion is reflected in the management of computing power, which reached 20.6 EH/s by August 31, up from 14.2 EH/s a month earlier. The capacity contracted in June and July has been gradually put into operation in August.