These mining companies have published their operational updates for March 2023.
Riot produced 695 BTC, an increase of approximately 36% as compared to March 2022 production of 511 BTC.
Riot held approximately 7,072 BTC as of March 31, 2023, all produced by the Company’s self-mining operations.
Riot sold 675 BTC, generating net proceeds of approximately $16.7 million.
Riot had a deployed fleet of 94,176 miners, with a hash rate capacity of 10.5 exahash per second (“EH/s”), as of March 31, 2023, which excludes 17,040 miners that are offline as a result of damage to Building G from the severe winter weather in late December in Texas.
"During the month of March, Cipher expanded operations at its Odessa facility while funding both operating expenses and capital expenditures through ongoing operations. Cipher finished March with the potential to mine nearly 16 bitcoin per day."
"Argo Blockchain plc is pleased to announce the appointment of Jim MacCallum as Chief Financial Officer."
"Argo mined 161 Bitcoin or Bitcoin Equivalents (together, BTC), or 5.2 BTC per day. This is a decrease of 10% over the 5.7 BTC per day produced in February 2023. The primary driver of the decrease in daily BTC production was the increase in network difficulty. In March, the average network difficulty was 11% higher than in February."
"As of 31 March 2023, the Company held 85 Bitcoin or Bitcoin Equivalents."
"The Company's total hashrate capacity continues to be 2.5 EH/s."
"Stronghold generated an estimated $23 million of revenue, an estimated $48 million of net loss, and an estimated $5 million of adjusted EBITDA (see reconciliation of non-GAAP financial measures) during the fourth quarter of 2022."
"Revenue comprised an estimated $14 million from the sale of energy, an estimated $8 million from cryptocurrency mining, and an estimated $1 million from capacity sales during the quarter."