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

Toronto, ontario--(newsfile corp. - august 8, 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 july 2023. key highlights: 59.8 bitcoin mined in july, down 8% from june and up 367% year-over-year month-end operating hash rate increased to 1.1 eh/s operations achieved 75.2 btc/eh efficiency uptime was 80%, down from june due to increase in curtailments over the month as a result of record high temperatures at our hosting partner sites metrics july 2022 june 2023 july 2023 bitcoin mined 12.8 65.1 59.8 bitcoin sold 0.0 67.2 70.1 mining revenue* $0.3 million $1.8 million $1.8 million bitcoin holdings 62.0 20.2 10.2 deployed miners ~1,000 ~9,995 ~10,240 month end deployed hash rate (eh/s) 100 ph/s 1.0 eh/s 1.1 eh/s   *unaudited ceo comments "in july, we mined 59.8 bitcoin, representing a 367% increase year-over-year and 8% decrease from june.
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