Bitcoin

Stronghold Digital Mining, Inc. has reached a new milestone in its November 2023 operations, mining 193 Bitcoins and generating $0.7 million in energy revenue. This equates to 212 Bitcoin-equivalent <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">production</a>, marking a 4% increase from October's 203 Bitcoin-equivalent, according to <a href="https://www.coinlive.com/news-flash/400307" rel="noopener noreferrer nofollow">Coinlive</a>.
The company's total revenue for November reached an impressive $7.2 million, the highest in 2023, fueled by advantageous power prices at the Scrubgrass Plant and improved Bitcoin hash price.&nbsp;
The company, known for its eco-friendly approach, operates the Scrubgrass and Panther Creek Plants in Pennsylvania. These facilities are not only cost-effective but also environmentally beneficial, emphasizing Stronghold's dedication to integrating Bitcoin mining with sustainable practices.&nbsp;

Stronghold’s Record Revenue and Environmental Focus in Bitcoin Mining

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