Home Gryphon Digital Mining Sets Record In Self-Mining Power

Gryphon Digital Mining Sets Record In Self-Mining Power

By adminFebruary 15, 2024, 5:37 AM1 Mins read315 Views

Gryphon Digital Mining Sets Record In Self-Mining Power

Gryphon Digital Mining, Inc., a carbon-negative bitcoin miner, reported a record average self-mining hashing power of 864 petahash per second in January 2024, with 58 bitcoin-equivalent coins produced.

Despite a 16% decrease in bitcoin efficiency from December 2023 to 68 BTC per exahash, Gryphon ranked first in bitcoin efficiency in nine out of the 12 months in 2023, averaging 86 BTC/EH.

The growth is attributed to the installation of new S19k Pro miners and a focus on low operational costs and high efficiency.

(With inputs from Shikha Singh)

You need to login in order to Like

Previous post Bybit, DMCC Strengthen Crypto Collaboration in Dubai

Next post X3 Holdings Secures Central Asia Bitcoin Mining Deal

Dubai Police, US & China Avert $562M In Crypto Scam Losses, Unravel “Pig Butchering” Network

A massive, coordinated international law enforcement operation has struck a blow to the booming cryptocurrency scam industry. Authorities have arrested 276 people...

By Kapil RajyaguruMay 1, 2026, 7:00 PM

News

OKX Rolls Out Agent Payments Protocol For Full AI-driven Transactions

OKX has introduced an open standard for agent-led transactions, rolling out its Agent Payments Protocol (APP) to support full-cycle business activity handled...

By Kapil RajyaguruMay 1, 2026, 6:00 PM

News

Wall Street To Launch The First Ever Prediction Market ETFs For U.S. Elections

Roundhill Investments is set to launch the first U.S. exchange-traded funds (ETFs) tied to prediction markets next week, with two other asset...

By Kapil RajyaguruMay 1, 2026, 5:00 PM

News

MoonPay Acquires Israeli Crypto Security Firm Sodot In $100M Stock Deal

Crypto payments firm MoonPay has acquired Sodot, an Israeli crypto security startup, as part of its plan to launch MoonPay Institutional, a...

By Kapil RajyaguruMay 1, 2026, 4:00 PM

Latest Blogs

Blockchain Technology

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

By 3.0 TVApril 20, 2026, 5:20 PM

Artificial Intelligence

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

By Vishakha ThakurApril 8, 2026, 7:33 PM

Virtual Digital Assests Web3

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

By ApoorvaApril 2, 2026, 1:13 PM

What Is Blockchain in Real Estate? Benefits, Use Cases & Challenges Explained

Blockchain Technology

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

By Ruchi SharmaMarch 30, 2026, 8:19 PM