Mining company Cathedra Bitcoin Q2 financial report: Revenue of $2.14 million, a year-on-year increase of 16%

2023-08-30 11:38:15

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ChainCatcher news, Bitcoin mining company Cathedra Bitcoin released its second-quarter financial report. As of June 30, 2023, its mining operations produced a total of 77.15 BTC in Q2, an increase of 33.8% year-on-year; Q2 revenue was 2.9 million CAD (approximately 2.14 million USD), an increase of 16% year-on-year.

As of August 29, 2023, Cathedra Bitcoin held approximately 3.7 million CAD in cash and 19.55 BTC, with a total active Bitcoin hash rate of 387 PH/s across six mining sites in four states in the United States.

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