LM Funding America (LMFA) Provides Quarterly Bitcoin Mining Update

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Go back to LM Funding America (LMFA) Provides Quarterly Bitcoin Mining Update

LM Funding America, Inc. Provides Quarterly Bitcoin Mining Update for Three Months Ended June 30, 2023

July 12, 2023 8:30 AM EDT

TAMPA, FL, July 12, 2023 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (LM Funding or the Company), a cryptocurrency mining and technology-based specialty finance company, today announced that it has mined approximately 106.35 Bitcoin (BTC) for the three months ended June 30, 2023, bringing the Companys Bitcoin holdings to approximately 79.1 BTC as of June 30, 2023.

The Company also announced that it has installed Braiins OS+ software on 360 of its mining machines.  Braiins OS+ software is expected to increase mining machine hashrate by as much as 25%. Machines operating Braiins OS+... More