Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2023 Financial Results
The Company earned 403.1 bitcoins during the quarter, a 27% increase from the prior quarter.
- The Company earned 403.1 bitcoins during the quarter, a 27% increase from the prior quarter.
- The Company paid approximately $0.060 per kilowatt hour to its hosting partners for electricity consumed during the quarter.
- The Company's active hash rate of its bitcoin mining fleet was approximately 1.19 EH/s as of September 30, 2023.
- Approximately 600 PH/s of miners went offline due to a power utility mandated maintenance outage began on September 26, 2023.