Bitcoin mining firms across the industry have released statistics detailing their mining activity and energy consumption in June, as the companies continue to respond to the dramatic shift from April's halving event with greater investment in the latest-generation infrastructure and long-term energy procurement deals.
Riot, in its filing, said the company surpassed its second-quarter power target of 21.4 exahash per second , achieving 22.0 EH/s as of the end of the month. Riot also announced it received $6.2 million in power credits from the Texas power grid, a slight decrease from the prior month, and is targeting a total self-mining hash rate capacity of 31 EH/s by the end of the year.
"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," said CEO Tyler Page in the company's filing. "One particular transaction generated a fee of 0.85 BTC compared to the average of approximately 0.15 BTC, primarily due to our technology advantage, most notably Slipstream," Thiel said in the filing. Slipstream allows Marathon to process large or non-standard Bitcoin transactions that other miners may ignore.Bitdeer, the U.S.-listed mining company owned by Chinese billionaire Jihan Wu, also reported a slight decrease in the number of bitcoins mined.
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