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Gryphon Digital reports about 58 bitcoin-equivalent coins produced in January
The Fly

Gryphon Digital reports about 58 bitcoin-equivalent coins produced in January

Gryphon Digital Mining has released its operational update for January 2024. During January, Gryphon mined approximately 58 bitcoin-equivalent coins while posting a company record average self-mining hashing power of 864 PH/s and total attributable hashing power of approximately 1.3 EH/s. “The month’s performance translated into a bitcoin efficiency rating of 68 BTC/EH. The company’s bitcoin efficiency performance declined from its December 2023 mark of 81 BTC/EH, or a reduction of about 16%. December’s performance ranked second among publicly disclosing peers, which averaged 66 BTC/EH for the month,” Gryphon stated.

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