Gryphon digital mining announces september operational update

Defining month highlighted by augmenting leadership depth: steve gutterman named as chief executive officer, jimmy vaipoulos as chairman and sim salzman to continue as chief financial officer las vegas, nv / accesswire / october 14, 2024 / gryphon digital mining, inc. (nasdaq:gryp) ("gryphon" or the "company"), a bitcoin mining company that is focused on low-cost, efficient operations, has released its unaudited operational update for september 2024. key september 2024 highlights: steve gutterman named as chief executive officer, jimmy vaipoulos as chairman and sim salzman to continue as chief financial officer +500 mw power pipeline: gryphon continues to evaluate a pipeline of similar low-cost opportunities for potentially +500 mw improved hashrate: monthly average hashrate of 920 ph/s, a 4% increase over august 2024 bitcoin production: expect to have produced approximately 19.31 bitcoin projected approximately $1.16 million in value based on an average bitcoin price for the month of $60,286 high uptime: 98.7% mining fleet average up time in september following 97.3% in august due to maintenance sustainable operations: scope 1 and scope 21 operations at our northeastern u.s. operations continue to be 100% electrified by zero-carbon emitting hydro power 1scope 1 emissions are direct emissions from owned or controlled sources by the company, such as emissions from combustion in owned or controlled boilers, furnaces, vehicles, etc.
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