BitFuFu boosts Bitcoin production 55% to 174 BTC in August

3 days ago 3



BitFuFu just put up one of its stronger months on record. The Singapore-based Bitcoin miner produced 174 BTC in August 2026, a 55.4% jump from the 112 BTC it mined in July, driven by simultaneous expansion across both its self-mining and cloud-mining segments. Average daily production climbed from 3.6 BTC to 5.6 BTC over the same period. Where the coins came from The August haul broke down almost evenly between two business lines. Self-mining contributed 88 BTC, up from 72 BTC in July. Cloud mining added 86 BTC, more than doubling from 40 BTC the prior month. Total hashrate under management reached approximately 20.6 EH/s in August, a 45.1% increase from 14.2 EH/s in July. BitFuFu’s self-owned hashrate rose to 3.8 EH/s, while hashrate from third-party and hosted arrangements climbed to 16.8 EH/s. Roughly 82% of the company’s total managed hashrate belongs to external parties, making BitFuFu’s business model closer to a mining infrastructure operator than a pure-play self-miner. Efficiency gains alongside the growth Fleet-wide energy efficiency improved to approximately 16.7 joules per terahash in August, down from 18 J/TH in July. In mining economics, lower is better: it means the ...

Read Entire Article