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BitFuFu’s October Bitcoin Mining Output Falls Despite Steady Hashrate

BitFuFu’s October Bitcoin Mining Output Falls Despite Steady Hashrate

Photo: NewsBTC

TL;DR: BitFuFu produced 137 BTC in October, down from 167 in September, while managed hashrate stayed close to 19.5 EH/s. The miner attributed the decline partly to rising network difficulty, illustrating why steady capacity does not necessarily mean steady production. A Bitcoin miner can run broadly the same amount of computing power and still produce fewer coins. BitFuFu’s latest monthly operating statement provides a neat example. The company reported November 6 that it mined 137 BTC in October, down from 167 in September, even as total hashrate under management remained largely unchanged.

Source: NewsBTC

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