- Bluesky Digital Assets (BTC) has provided insights into its Bitcoin and Ethereum mining operation for the month of August 2021
- The company mined C$407,175 worth of cryptocurrencies, including 3.43 BTC (worth $207,467) and 51.57 ETH (worth $199,708)
- The average mining rate was 1.66 ETH and 0.11 BTC per day, or $13,134, which represents a 28.7 per cent increase over July’s daily total
- Bluesky Digital Assets mines for digital currencies and develops value-added technology services for the digital currency market
- Bluesky Digital Assets (BTC) is up by 1.69 per cent and is currently trading at $0.60 per share
Bluesky Digital Assets (BTC) has provided insights into its Bitcoin and Ethereum mining operation for the month of August 2021.
The company mined a combined unaudited total of C$407,175 worth of cryptocurrencies, including 3.43 BTC (worth $207,467) and 51.57 ETH (worth $199,708).
The average mining rate was 1.66 ETH and 0.11 BTC per day, or $13,134, which represents a 28.7 per cent increase over July’s daily total.
Mining costs amounted to approximately $75,000.
As of August 31, 2021, Bluesky held $1,457,182 (9.115 BTC and 190.07 ETH) in unsold cryptocurrencies, a 370 per cent increase over Q2 2021.
Ben Gelfand, Bluesky’s CEO, stated,
“Based on the current overall trend, the corporation is currently on pace to mine $1M in cryptocurrencies in Q3. The quarter-over-quarter and month-over-month increases reflect in part the internal efficiencies and methods that the corporation has developed in-house and deployed in the production environment. The management team is diligently working on leveraging current positive trending market values and increasing the corporation’s unsold cryptocurrency reserve. The management team is also raising its priority to further expand the corporation’s active mining operations by acquiring additional mining equipment. The acquisition, and move to production, of new mining hardware tightly aligns to ongoing facility expansion plans to be reported on in the coming quarters.”
Bluesky Digital Assets mines digital currencies and develops value-added technology services for the digital currency market.
Bluesky Digital Assets (BTC) is up by 1.69 per cent and is currently trading at $0.60 per share as of 10:09 am ET.
