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

Due to business operations needs, Cipher Mining sold 350 BTC in the month, reducing its Bitcoin holdings 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.