Sphere 3D (ANY) Provides August 2023 Production and Operation Updates

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Go back to Sphere 3D (ANY) Provides August 2023 Production and Operation Updates

Sphere 3D Corp. Provides August 2023 Production and Operation Updates

September 11, 2023 8:02 AM EDT

Toronto, Ontario--(Newsfile Corp. - September 11, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for August 2023.

Key Highlights:

58.3 Bitcoin mined in August, down 2.5% from July and up 359% YoY.Month-end operating hash rate was 1.3 EH/s, up 18% from July and 13x YoY.Operations achieved 74.1 BTC/EH efficiency.Uptime was 66%, down from July due to a significant increase in... More