Bitcoin

Yield

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 Bit Origin Ltd, a NASDAQ-listed crypto mining company, <a href="https://www.globenewswire.com/news-release/2023/07/11/2702717/0/en/Bit-Origin-Ltd-Announces-Production-and-Operation-Update-for-June-2023.html" rel="noopener noreferrer nofollow">shared</a> its production and operational updates for June 2023. The company's mining capacity reached 403 PH/s, with 4,250 miners functioning in their Indiana facility. This achievement represents the complete deployment of the company's acquired miners. 
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 Within June, Bit Origin successfully mined 26.7 Bitcoins, generating an impressive revenue of US$735,721.&nbsp; 
 As for the mining sites, Bit Origin currently operates one crypto mining facility and develops another. They ceased their mining operations in Georgia at the end of 2022. The active site in Marion, Indiana, accommodates 5.3 MW of capacity. The company expanded this facility twice in 2022, resulting in the current deployment of 4,250 miners. 
 Bit Origin is also growing in Cheyenne, Wyoming. In collaboration with a private cryptocurrency mining fund, they aim to set up a site with a total capacity of 75 MW. The first phase of the project has already energized 45 MW since March 2023. The second phase, adding 25 MW, is currently in the design stage. 
 These exciting developments highlight Bit Origin's ongoing commitment to expanding its mining capacity, diversifying its operations, and contributing more significantly to the cryptocurrency economy. 
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Bit Origin Mines Hefty Bitcoin Yield and Plans Expansion

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