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Cipher Mining reports mining 241 bitcoin in August

Cipher Mining (CIFR) released its unaudited production and operations update for August. The company produced approximately 241 bitcoin (BTC-USD) and sold approximately 42 bitcoin, ending the month with a balance of approximately 1,414 bitcoin. Month-end operating hashrate was 23 EH/s. The company stated its Black Pearl Phase I continued to scale production, accounting for approximately 39% of total bitcoin mined in August.

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