Encrypted mining company Sphere 3D produced about 38 BTC in January, with a daily increase of 118% month-on-month

According to reports, the encryption mining company Sphere 3D released the Bitcoin mining report for January 2023, producing a total of 37.84 BTCs, with an average daily output of 1.26 BTCs, an increase of 118% compared to December 2022. As of January 31, Sphere 3D operates approximately 4330 S19j Pros with a total hash rate of roughly 433 PH/s. In January, Sphere 3D received about 11,000 miners, and a total of 121.65 BTC was spent on working capital, customs fees, tariffs, insurance, and transportation fees. After full deployment, the total number of miners will reach about 15,000, and the hash rate will exceed 1.6 EH/ s.