Bit Origin mined 22.7 bitcoins in July

Bit Origin provided its production and operation update for July 2023. Operation Update: As of July 31, 2023, the total mining hash rate stands at 403 PH/s with 4,250 miners installed in the Indiana facility, representing all miners the Company has purchased. Bitcoin Production and Revenue: The Company mined 22.7 Bitcoins and achieved a revenue of US$681,448 in July 2023. Mining Sites Development: As of July 31, 2023, the Company has one hosting mining site in operation and one mining site under development. The Company ceased its operation in the mining facility in Georgia from December 31, 2022.