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Stock impact report

Gryphon Digital Mining Announces May Operational Update [Yahoo! Finance]

Gryphon Digital Mining, Inc (GRYP) 
Company Research Source: Yahoo! Finance
LAS VEGAS, NV / ACCESSWIRE / June 5, 2024 / Gryphon Digital Mining , Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, has released its unaudited operational update for May 2024. Key highlights for the month: Set a new company record in energy efficiency of 28.6 joules per terahash ("J/T") Produced approximately 22 bitcoin Approximately $1.4 million in value based on an average May bitcoin price of $65,071 Achieved bitcoin efficiency of 24 BTC/EH Self-mining hashing power of 904 PH/s 98% average up time on mining fleet Qualified for inclusion in the Russell Microcap Index, effective at the open of US equity markets on July 1 st Scope 1 and Scope 2[1] operations continue to be 100% electrified by zero-carbon emitting Hydro power "May marked a pivotal moment for Gryphon as we reaped the rewards of our strategic investment in cutting-edge Bitmain S21 Show less Read more
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