Production highlights for July 2023:116 Bitcoin were generated, resulting in an average production rate of approximately 3.7 Bitcoin per day. 100 Bitcoin – 50 Bitcoin produced in June and 50 Bitcoin produced in July – were sold during the month for proceeds totalling $3.9M. Total balance of Bitcoin in reserve was 9,152 on July 31 – 8,305 of which was unencumbered. Installed ASIC hashrate capacity at our Alberta facilities was 2.6 EH/s at the end of the month. Hut 8 produced 44.6 BTC/EH in July.
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