BitFuFu, CleanSpark Post Higher August Bitcoin Output as Canaan Extends Three-Month Decline

Forecast Trend Report by Period

BitFuFu and CleanSpark, two U.S.-listed Bitcoin miners, reported higher production in August, while Canaan logged a third consecutive monthly decline.

The Block reported on September 15 that BitFuFu mined 174 BTC last month, up more than 55% from 112 BTC in July. The gain was driven largely by a 45.1% month-over-month increase in the company’s managed hashrate to 20.6 EH/s.

By segment, cloud-mining production more than doubled to 86 BTC from 40 BTC, while self-mining output rose 22% to 88 BTC from 72 BTC. BitFuFu’s Bitcoin holdings also increased to 1,373 BTC from 1,314 BTC over the same period.

CleanSpark produced 593 BTC in August, up about 1% from the previous month. Output increased even as its average operating hashrate edged lower to 38.3 EH/s. Its cumulative production for January through August reached 4,903 BTC.