financetom
Business
financetom
/
Business
/
Bitdeer Technologies Reports Drop in May Bitcoin Production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bitdeer Technologies Reports Drop in May Bitcoin Production
Jun 6, 2024 2:42 AM

05:17 AM EDT, 06/06/2024 (MT Newswires) -- Bitdeer Technologies Group ( BTDR ) reported Thursday it mined 184 bitcoins in May, down 36% from a year earlier.

Month-over-month production fell 31% in May, primarily due to the impact of a "bitcoin halving" event in April, the company said.

The company had a total hash rate of 22.4 exahash per second and 225,000 mining machines under management as of May 31.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved