Bit Digital mines fewer bitcoin in April amid rig relocation, higher network difficulty

May 03, 2023 6:21 PM ETBit Digital, Inc. (BTBT) StockBy: Jessica Kuruthukulangara, SA News Editor1 Comment
Bitcoin ASIC miners in warehouse. ASIC mining equipment on stand racks for mining cryptocurrency in steel container. Blockchain techology application specific integrated circuit units storage

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  • Bit Digital (NASDAQ:BTBT) said Wednesday it mined 86.1 bitcoin (BTC-USD) in April, down 28% from the prior month, due to relocation of ~6.5K rigs from facilities previously operated by Compute North and an increase in network difficulty.
  • The company said 11.5K miners, representing

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