EconomyBitcoin miner spends millions in BTC on compute, but new coins do not return to treasury
Bitcoin miner and cloud-mining provider BitFuFu reported a 55.4% rebound in August production to 174 BTC as new capacity came online. Cloud-mining customers supplied most of the increase, but their coins are excluded from company holdings. BitFuFu’s self-mining output reached 88 BTC and holdings rose to 1,373 BTC, still 298 BTC below June.
Bitcoin miner spends millions in BTC on compute, but new coins do not return to treasury
Economy