Gryphon digital mining announces may operational update

Machine upgrades set new company record in energy efficiency las vegas, nv / accesswire / june 5, 2024 / gryphon digital mining, inc. (nasdaq:gryp) ("gryphon" or the "company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, has released its unaudited operational update for may 2024. key highlights for the month: set a new company record in energy efficiency of 28.6 joules per terahash ("j/t") produced approximately 22 bitcoin approximately $1.4 million in value based on an average may bitcoin price of $65,071 achieved bitcoin efficiency of 24 btc/eh self-mining hashing power of 904 ph/s 98% average up time on mining fleet qualified for inclusion in the russell microcap index, effective at the open of us equity markets on july 1st scope 1 and scope 2[1] operations continue to be 100% electrified by zero-carbon emitting hydro power "may marked a pivotal moment for gryphon as we reaped the rewards of our strategic investment in cutting-edge bitmain s21 200 th/s machines," noted rob chang, ceo of gryphon.
GRYP Ratings Summary
GRYP Quant Ranking