Cipher Mining Produces ~334 BTC in February, Ends the Month with a Balance of ~1,433
Cipher Mining has released its February 2024 unaudited production and operations update. The company produced approximately 334 BTC in February, averaging a monthly network hash rate increase of approximately 9.4%. As part of its regular financial management process, Cipher sold approximately 33 BTC in February and ended the month with a balance of approximately 1,433 BTC.
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