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Stock impact report

Sphere 3D Corp. Provides February 2024 Production and Operation Updates [Yahoo! Finance]

Gryphon Digital Mining, Inc (GRYP) 
Company Research Source: Yahoo! Finance
industrial scale, is providing the results of its Bitcoin mining operation for February 2024. Key Highlights: 40.3 Bitcoin mined in February, up 15% YoY. Month-end operating hash rate was 1.2 EH/s, flat to January due to machine transfers. Uptime was 60%. Metrics Feb 2023 Jan 2024 Feb 2024 Bitcoin Mined Bitcoin Sold Mining Revenue $0.8 million $2.6 million $1.9 million Bitcoin Holdings* Deployed Miners ~4,330 ~12,300 ~12,300 Month End Deployed Hash Rate (EH/s) 0.4 EH/s 1.2 EH/s 1.2 EH/s *Unaudited Includes Sphere 3D assets temporarily custodied by Gryphon Digital Mining, Inc. under the now-terminated master services agreement. CEO Comments "In February 2024, we mined 40.3 Bitcoin, representing a 15% increase year-over-year. We mined fewer Bitcoin because our hosting partner in Springfield, MO was down for the month due to technical issues. We are pushing them for a resolution. We are currently in discussions to refresh part of our fl Show less Read more
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