The cost of one mined bitcoin was $51,887 for BitFuFu ❗️
•BitFuFu mines bitcoins on its own devices and provides cloud mining services.
•In 2021, mining equipment manufacturer Bitmain invested in it. BitFuFu shares trade on NASDAQ under the ticker FUFU.
•BitFuFu received 780 BTC from mining in the second quarter of 2024, and the average value of one bitcoin for the company was $51,887.
•During the same period in 2023, one mined Bitcoin was worth $19,344.
•According to the report, BitFuFu is mining 25 farms with a total capacity of 522MW located on three continents. The total hashrate of its hardware increased to 24.7 EH/s, up from 15.2 EH/s in 2023.
