Sphere 3d corp. provides may 2023 production and operation updates

Toronto, ontario--(newsfile corp. - june 13, 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 may 2023. key highlights: 77.7 bitcoin were mined in may, up 118% from april and up 518% year-over-year month-end operating hash rate increased to 1.0 eh/s operations achieved 92.1 btc/eh efficiency uptime was 89% metrics may 2022 april 2023 may 2023 bitcoin mined 12.6 35.6 77.7 bitcoin sold 0.0 41.3 70.9 mining revenue* $0.4 million $1.0 million $2.1 million bitcoin holdings 37.0 25.7 22.3 deployed miners ~1,000 ~4,330 ~9,995 month end deployed hash rate (eh/s) 100 ph/s 0.4 eh/s 1.0 eh/s   *unaudited ceo comments "in may, we mined a record 77.7 bitcoin and energized an additional 5,663 bitmain s19j pros at our hosting partner sites to reach a total of 1.0 eh/s by month-end," said patricia trompeter, ceo of sphere3d.
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