Bitcoin miner burns through millions in BTC to buy compute, but new coins are not returning to treasury
BitFuFu, a Bitcoin miner and cloud-mining supplier, reported a 55.4% rebound in August manufacturing as extra capability got here on-line. Cloud-mining prospects accounted for about three quarters of the additional output, whereas the corporate’s Bitcoin holdings elevated by 59 BTC. The unaudited Sept. 3 operating update put whole manufacturing at 174 BTC, up from 112…
