Summary
- BitFuFu announced that it mined a total of 400 Bitcoins (BTC) during the month of May.
- It stated that this represents a 91% increase compared to the previous month.
- BitFuFu reported that, for operating cost management, it sold 178 BTC at an average of $104,000 per coin.
On the 4th (local time), crypto-specialized media CoinDesk reported that virtual asset mining company BitFuFu announced it had mined a total of 400 Bitcoins (BTC) during the month of May. This figure represents a 91% increase compared to the previous month.
The hashrate reached 34.1EH/s, up 20.5% month-over-month.
BitFuFu explained that, for the purpose of operating cost management, it sold 178 BTC at an average price of $104,000 per bitcoin.
Meanwhile, as of 05:50 on the 5th in the Binance Tether (USDT) market, BTC is trading at $105,035.28, down 1.13% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
