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Singapore-based unreality Bitcoin miner BitFuFu has logged its astir important accumulation period for the year, attributed to an expanded mining fleet.
BitFuFu said connected Monday it mined 445 Bitcoin successful June, representing an 11.3% month-over-month summation for the firm. It said that 387 Bitcoin (BTC) came from unreality mining and 58 from self-mining.
Leo Lu, president and CEO of BitFuFu, said June has been its “most productive period of 2025,” which helium attributes to the “continued enlargement of our mining fleet.”
In January, BitFuFu said it had signed a two-year statement with mining hardware elephantine Bitmain to acquisition up to 80,000 Bitcoin miners.
BitFuFu presently holds 1,792 Bitcoin, presently worth implicit $193 million. In comparison, the apical mining firm, MARA Holdings, holds 50,000 Bitcoin, portion No. 2 Riot Platforms has 19,225, and the third-biggest mining firm, CleanSpark, holds 12,608.
Source: BitFuFuBitFuFu hashrate spikes
BitFuFu’s hashrate besides accrued 6.2% month-over-month to 36.2 exa hash per second (EH/s), a measurement of computational power, with 32.4 EH/s coming from third-party suppliers and hosting customers.
The mining firms’ powerfulness capableness besides accrued by 11.8% month-over-month to deed 728 megawatts crossed 5 continents.
“Reaching grounds levels of 36.2 EH/s successful hashrate and 728 MW successful powerfulness capacity, we’re arrogant of the beardown operational momentum successful the archetypal fractional of the year, which reflects our quality to standard efficaciously and execute with discipline,” Lu said.
BitFuFu shares spot flimsy bump
Shares successful BitFuFu (FUFU) closed the Monday trading league up 1.16% astatine $3.48. Its banal terms has risen 8.82% successful the past 5 days.
In January, BitFuFu shares surged 13% to $5.60 owed to the two-year statement with mining hardware elephantine Bitmain.
BitFuFu shares lone roseate somewhat aft the steadfast posted its results. Source: Google Finance Meanwhile, other miners’ stocks surged successful the lead-up to US markets closing aboriginal past Thursday up of the Independence Day vacation weekend.
Shares of Riot Platforms (RIOT), Hive Digital (HIVE), Hut 8 (HUT8), MARA Holdings (MARA), and Bitfarms (BITF) spiked betwixt 13% and 28% successful the past 4 sessions starring up to the break.
Bitcoin miners person mixed container successful June
Several Bitcoin mining firms reported lowered Bitcoin accumulation successful June, chiefly owed to powerfulness curtailment successful Texas, with Riot Platforms reporting a 12% diminution successful May.
Australian-based Bitcoin miner IREN had a record-breaking month, with revenues reaching 68 cardinal Australian dollars ($44 million), driven by higher Bitcoin prices that offset the diminution successful accumulation caused by a shorter period successful June, the steadfast said connected Monday.
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IREN mined 620 Bitcoin compared to 627 successful May, and its hashrate averaged 41.1 EH/s compared to past month’s 38.4 EH/s.
Meanwhile, CleanSpark posted an operational hashrate of 50 EH/s successful June from 20.4 EH/s a twelvemonth earlier, representing a 145.1% leap successful mining capacity. It mined 685 Bitcoin, up from 445 successful June 2024.
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