Data: The listed mining company Hut 8 produced 88 BTC in March, increasing its reserves to 10,264 coins

ChainCatcher news, Nasdaq-listed Bitcoin mining company Hut 8 has released its operational update report for March. The mining output in March was 88 BTC, and the Bitcoin reserves increased to 10,264 BTC. The deployed hash rate increased by 102% from an average of 4.6 EH/s in February to 9.3 EH/s by the end of March.

Hut 8 CEO Asher Genoot stated that the company has spun off nearly all of its ASIC miners to American Bitcoin, an independent mining entity and a majority-owned subsidiary of Hut 8, focusing on Bitcoin mining and strategic reserve building.