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Market Cap:
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Cryptocurrencies: 22239
Bitcoin Bitcoin Share: 57.87%
Markets: 88221
Seeking Alpha
2022-08-03 12:08:43

BitNile reports 59.9 Bitcoin mined in July, up 29.1% M/M

BitNile reports 59.9 Bitcoin mined in July, up 29.1% M/M

BitNile (NYSE:NILE) announced that it is currently operating at an estimated annualized run rate of 719 bitcoin including a mining difficulty of 27.69T.The company has increased its miner count to 11,949 S19j Pro Antminers in its possession and once installed will generate a combined processing power of ~1.19 exahashes per second.During July 2022, BitNile self-mined 59.9 Bitcoin compared to 46.4 bitcoins in June; until date, BitNile has mined a total of 316.4 Bitcoin.As of July 31, 2022, BitNile held ~200 Bitcoin and currently has no plans to sell.

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