According to reports from Wu, the Nasdaq-listed Bitcoin mining company Cipher Mining announced its unaudited production and operational update for April. The report shows that its Bitcoin mining output in April was 174 BTC.

Due to business operations, Cipher Mining sold 350 BTC during the month, bringing its Bitcoin holdings down to 855 BTC, of which 379 BTC are used as collateral. The hash rate reached 13.5 EH/S by the end of the month.