Sphere 3d corp. provides august 2024 update

Stamford, connecticut--(newsfile corp. - september 23, 2024) - sphere 3d corp. (nasdaq: any) ("sphere 3d"), a bitcoin mining company, is providing a strategic and operational update for august 2024. key highlights: second batch of antminer s21 fleet upgrades have arrived 12.7 bitcoin mined in august 2024 month-end deployed hash rate was 1.0 eh/s metrics aug 2023 july 2024 aug 2024 bitcoin mined 58.3 16.8 12.7 bitcoin sold 65.7 22.0 12.6 mining revenue $1.6 million $1.0 million $0.8 million bitcoin holdings 2.8 2.0 2.1 deployed miners ~12,450 ~11,200 ~8,900 month end deployed hash rate (eh/s) 1.3 eh/s 1.2 eh/s 1.0 eh/s   strategic update: we continue to proactively focus on the company's future growth through operational growth and strategic partnerships: as announced earlier this month, we are developing a 12.5 mw site in iowa at an average of sub ~ 4 cent energy.
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