Bitcoin · The Block
CleanSpark and BitFuFu see bitcoin production slip in September as Canaan remains flat
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Bitcoin production fell in September for publicly traded miners CleanSpark and BitFuFu after a slight August turnaround, while Canaan's output held steady.
Key facts
- CleanSpark mined 529 BTC in September, down nearly 11% from 593 BTC in August
- BitFuFu's September decline came despite its own mining production rising more than 11% to 98 BTC from 88 BTC in August
- Canaan shares Canaan Inc. (CAN) are trading at $0.25 on Thursday, now down more than 68% year to date
- CleanSpark ended September holding 13,530 BTC, down from 13,703 BTC at the end of August
Summary
CleanSpark mined 529 BTC in September, down nearly 11% from 593 BTC in August. CleanSpark ended September holding 13,530 BTC, down from 13,703 BTC at the end of August. CleanSpark also announced that it would stop publishing monthly mining updates and move to quarterly reporting. This comes as it focuses more on its growing data center business.