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International Business Times
International Business Times
Business
Marvie Basilan

100% Renewable Gryphon Digital Sets New Company Quarterly Hashrate Record In Q2 2024

Gryphon Bitcoin Mining Gryphon Digital Mining
Gryphon Digital was recently independently certified to be 100% renewable. (Credit: Gryphon Digital Twitter Video/Screenshot)

KEY POINTS

  • Gryphon's second quarter 2024 hashrate of 899 PH/s marks a 20% growth from Q2 2023
  • The company also reached a record monthly performance in energy efficiency
  • It was recently included in the prestigious Russell Microcap Index

Bitcoin mining company Gryphon Digital Mining has released its second quarter 2024 operational update, revealing that it set a new company record in quarterly hashrate of 899 PH/s (petahash per second), marking a 20% increase year-over-year.

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