Markets· ★★· bearish·

BitFuFu's September Bitcoin output falls 4% as Ethiopian deal risks collapse

  • —September Bitcoin production totaled 167 BTC, down 4% month over month
  • —Self-mining output rose to 98 BTC from 88 BTC in August
  • —Cloud mining output declined, offsetting self-mining gains
  • —The company's Ethiopian deal is at risk
Why it matters: Falling output and uncertainty over the Ethiopian project could weaken BitFuFu's position among listed miners.
#BTC
Source: Seeking Alpha Crypto
More on this
Exchanges · Oct 6
NYT Profile: CZ Details Binance's Role in FTX Collapse and $2B USD1 Deal
 Markets · Sep 28
Bitcoin Falls 1.25% to $83,249 as Fed Rate-Hike Bets Weigh on Risk Assets
 Markets · Oct 2
Sui Holds at $1.14 After September Rally as OpenAssets Deal Adds Catalyst