Golden Finance reported that Bitcoin mining company Hut 8 updated its mining production and operations in August 2023. As of the end of August, Hut 8 had produced 103 Bitcoins, with an average production of approximately 3.3 Bitcoins per day; no Bitcoins were sold this month.


As of August 31, the total Bitcoin reserve balance was 9,255, of which 7,158 were unspent. At the end of the month, the ASIC installed at the Alberta manufacturing facility had 2.6 EH/s, and Hut 8 produced 39.6 BTC/EH in August. .
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