Gryphon Digital Mining has released its unaudited operational update for September 2024. Key September 2024 highlights: Steve Gutterman Named as Chief Executive Officer, Jimmy Vaipoulos as Chairman and Sim Salzman to continue as Chief Financial Officer; +500 MW power pipeline: Gryphon continues to evaluate a pipeline of similar low-cost opportunities for potentially +500 MW; Improved Hashrate: Monthly average hashrate of 920 PH/s, a 4% increase over August 2024; Bitcoin Production: Expect to have produced approximately 19.31 bitcoin; Projected approximately $1.16 million in value based on an average bitcoin price for the month of $60,286; High Uptime: 98.7% mining fleet average up time in September following 97.3% in August due to maintenance; Sustainable Operations: Scope 1 and Scope 21 operations at our Northeastern U.S. operations continue to be 100% electrified by zero-carbon emitting hydro power
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