BitFuFu Achieves 34.1 EH/s Hashrate with 400 BTC Produced in May
Bitcoin mining firm BitFuFu reported significant growth in May, achieving a hashrate of 34.1 exahashes per second (EH/s) and producing 400 BTC, an increase of 91% compared to April.
- 357 BTC from cloud-mining clients
- 43 BTC from self-mining operations
- Hashrate increased by 20.5% from April
- Self-owned capacity: 4.2 EH/s; partner/customer sourced: 29.9 EH/s
- Average fleet efficiency: 19.1 joules per terahash
- Total power capacity: 651 megawatts across five continents
- Resumed selling Bitcoin after a four-month pause, offloading 178 BTC at an average price of $104,000
- Current holdings: 1,709 BTC, down from 1,908 BTC at the end of April
CEO Leo Lu emphasized the firm's commitment to long-term Bitcoin exposure and flexible treasury management.