Carbon-neutral Bitcoin mining company Sphere 3D Corp releases Bitcoin production and mining data for July 2022. By the end of July, Sphere 3D’s mining had produced 12.78 Bitcoins, with an average daily production of 0.41 Bitcoins. Daily production remains unchanged compared to June 2022. Based on the Bitcoin price of $23,378 on July 31, 2022, the total for the month is approximately $298,771.
Since the company started mining operations in the first quarter of 2022, it has produced 68.05 Bitcoins, and as of July 31, 2022, held 62.03 Bitcoins. The company holds about $1.45 million in BTC market value.
Additionally, as of July 31, 2022, the company operates approximately 1,000 S19j Pros miners with a computing power of approximately 100 PH/s. Sphere 3D’s mining team was operating at an efficiency of 138.5 BTC/EH in July, with an average uptime of around 94%.