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

Aug. 03, 2022 8:08 AM ETBitNile Holdings, Inc. (NILE)By: Khyathi Dalal, SA News Editor

Trading Bitcoin

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  • 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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