Cipher Mining, a distinguished Bitcoin mining agency backed by BlackRock, has revealed its June Bitcoin mining replace. Based on a press release revealed Tuesday, the corporate mined 176 Bitcoin (BTC) final month, bringing its whole holdings to 2,209 BTC as of June 30.

Cipher Mining additionally reported that 75,000 mining rigs are presently operational, and the working hash price reached 8.6 EH/s by the tip of June.

Cipher Mining mentioned June was a “solid month of production.” The agency activated an extra 30MW at every of its Bear and Chief knowledge facilities.

“At Bear we have now received and installed all the new mining rigs, and we expect to finish installing the remainder of the new mining rigs at Chief later this month,” Tyler Web page, CEO of Cipher, commented on the growth efforts.

Earlier at this time, CleanSpark, one other distinguished Bitcoin mining firm, reported mining 445 BTC in June. All through 2024, the corporate has mined a complete of three,614 BTC. As of June 30, CleanSpark held 6,591 BTC.