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

Toronto, ontario--(newsfile corp. - july 17, 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 june 2023. key highlights: 65.1 bitcoin were mined in june, down 16% from may and up 434% year-over-year month-end operating hash rate increased to 1.0 eh/s operations achieved 76.3 btc/eh efficiency uptime was 86%, down sequentially from may due to curtailments near the end of the month as a result of seasonal high temperatures at our hosting partner sites metrics june 2022 may 2023 june 2023 bitcoin mined 12.2 77.7 65.1 bitcoin sold 0.0 70.9 67.2 mining revenue* $0.2 million $2.1 million $1.8 million bitcoin holdings 49.2 22.3 20.2 deployed miners ~1,000 ~9,995 ~9,995 month end deployed hash rate (eh/s) 100 ph/s 1.0 eh/s 1.0 eh/s   *unaudited ceo comments "in june, we mined 65.1 bitcoin," said patricia trompeter, ceo of sphere3d.
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