Bit Origin Ltd

BTOG

KYG216211188

Blockchain & Cryptocurrency

Real-time Estimate Cboe BZX Other stock markets 15:39:17 2024-07-01 EDT			5-day change	1st Jan Change
2.005 ^USD	-30.38%		-57.98%	-50.89%

06-07	Bit Origin to Be Sales Representative for Aethir	MT
04-26	Bit Origin Ltd Reports Earnings Results for the Half Year Ended December 31, 2023	CI

Bit Origin Ltd Announces Monthly Production Update for August 2022

September 07, 2022 at 08:00 am

Bit Origin Ltd. Announced Monthly Production Update for August 2022. As of August 31, 2022, the total mining hash rate reached 308 PH/s with 3,190 miners installed. Compared with July 2022, the number of miners installed and the hash rate have increased by 24% and 25%, respectively, primarily attributable to another instalment of 622 miners in Georgia site.

Bitcoin Production and Revenue The Company mined 21.95 Bitcoins in August, 2022 and achieved a revenue of USD 490,749, representing an increase of 165% and 167%, respectively, compared to the previous month. Mining Sites Development As of August 31, 2022, the Company has two hosting mining sites in operation and one mining site under development.

Latest news about Bit Origin Ltd

Bit Origin to Be Sales Representative for Aethir	06-07	MT
Bit Origin Ltd Reports Earnings Results for the Half Year Ended December 31, 2023	04-26	CI
Top Premarket Decliners	03-13	MT
Bit Origin Ltd Signs Strategic Alliance Agreement with Mner.Club for Crypto Miner Deployment and Hosting	02-23	CI
Bit Origin Ltd announced that it expects to receive $12.867334 million in funding	12-06	CI
Bit Origin Ltd Announces Executive Resignations	12-01	CI
Bit Origin Ltd announced that it has received $1.350001 million in funding	11-27	CI
Sector Update: Financial Stocks Rise Late Afternoon	11-22	MT
Sector Update: Financial Stocks Rise in Afternoon Trading	11-22	MT
Bit Origin to Expand Business in Wyoming; Raises Nearly $4 Million in New Financing; Shares Fall	11-22	MT
Bit Origin Ltd announced that it expects to receive $3.994223 million in funding	11-06	CI
Bit Origin Ltd Reports Earnings Results for the Full Year Ended June 30, 2023	23-10-31	CI
Sector Update: Financial Stocks Sliding Late Afternoon	23-10-12	MT
Bit Origin Ceases Crypto Mining at Indiana Facility	23-10-12	MT
Bit Origin Ltd. Reports Revenue Results for the Month of September 2023	23-10-12	CI
Bit Origin Ltd. Reports Production Results for the Month of September 2023	23-10-12	CI
Bit Origin Ltd. Reports Sales Results for the Month of August 2023	23-09-05	CI
Bit Origin Ltd. Reports Production Results for the Month of August 2023	23-09-05	CI
Bit Origin Ltd Reports Sales Results for the Month July 2023	23-08-09	CI
Bit Origin Reports June Bitcoin Production, Revenue; Shares Rise	23-07-11	MT
Bit Origin Regains Compliance with Nasdaq's Minimum Bid Price Requirement	23-06-15	MT
Bit Origin Reverse Stock Split to Take Effect May 30	23-05-26	DJ
Bit Origin to Implement 1-for-30 Reverse Stock Split	23-05-26	MT
Bit Origin Ltd. Reports Sales Results for the Month April 2023	23-05-12	CI
Bit Origin Ltd. Reports Production Results for the Month April 2023	23-05-12	CI

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Company Profile

Bit Origin Ltd, through its subsidiary, SonicHash LLC (SonicHash US), is engaged in Bitcoin mining in the United States. The Company specializes in computers, known as miners, to generate Bitcoins, a digital asset (also known as a cryptocurrency). It is focused on existing layouts and mining sites in the United States, and other types of expansion and exploration have been suspended. The Company does not have miners for cryptocurrencies other than Bitcoin. SonicHash US owns approximately 4,250 Bitcoin miners, including 2,638 units of Koi C16 and 1,612 units of Bitmain Antminer S19j pro. SonicHash US has 3,200 miners, representing a hash power of 304.8 petahash per second (PH/s), deployed in a mining facility in Cheyenne, Wyoming, and has delivered 1,050 miners, representing a hash power of 99.1 PH/s, to the same mining facility in Cheyenne, Wyoming. The Company does not have any cryptocurrency operations in China. Its subsidiaries also include SonicHash Inc, and SonicHash Pte. Ltd.

Sector

Blockchain & Cryptocurrency

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Sector Cryptocurrency Mining

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