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American Bitcoin Corp. Class A Common Stock (GRYP)

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Gryphon Digital Mining Announces Q2/24 Operational Update

Gryphon Digital Mining Announces Q2/24 Operational Update

Record Company Quarterly Hashrate as Mining Operations Grow 20% YoY ; Considering High Performance Computing in Growth Plans LAS VEGAS, NV / ACCESSWIRE / July 9, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, has released its unaudited operational update for June 2024 and Q2/24. Key highlights: Set a new company record in quarterly hashrate of 899 PH/s in Q2/24, a 20% increase over Q2/23 Record monthly performance in energy efficiency at 28.5 joules per terahash ("J/T") in June Expect to have produced approximately 84 bitcoin in the second quarter Projected approximately $5.5 million in value based on an average quarterly bitcoin price of $65,916 Achieved bitcoin efficiency of 25 BTC/EH for the month of June 99.4% mining fleet average up time in June Qualified for inclusion in the Russell Microcap Index, which was effective as of July 1st Scope 1 and Scope 21 operations continue to be 100% electrified by zero-carbon emitting hydro power "The second quarter of 2024 was significant for Gryphon as we achieved company records in hashrate and energy efficiency," noted Rob Chang, CEO of Gryphon.

Accesswire | 1 year ago
Gryphon Digital Mining Announces May Operational Update

Gryphon Digital Mining Announces May Operational Update

Machine Upgrades Set New Company Record in Energy Efficiency LAS VEGAS, NV / ACCESSWIRE / June 5, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, has released its unaudited operational update for May 2024. Key highlights for the month: Set a new company record in energy efficiency of 28.6 joules per terahash ("J/T") Produced approximately 22 bitcoin Approximately $1.4 million in value based on an average May bitcoin price of $65,071 Achieved bitcoin efficiency of 24 BTC/EH Self-mining hashing power of 904 PH/s 98% average up time on mining fleet Qualified for inclusion in the Russell Microcap Index, effective at the open of US equity markets on July 1st Scope 1 and Scope 2[1] operations continue to be 100% electrified by zero-carbon emitting Hydro power "May marked a pivotal moment for Gryphon as we reaped the rewards of our strategic investment in cutting-edge Bitmain S21 200 TH/s machines," noted Rob Chang, CEO of Gryphon.

Accesswire | 1 year ago
Gryphon Digital Mining, Inc. (GRYP) Q1 2024 Earnings Call Transcript

Gryphon Digital Mining, Inc. (GRYP) Q1 2024 Earnings Call Transcript

Gryphon Digital Mining, Inc. (NASDAQ:GRYP ) Q1 2024 Earnings Conference Call May 14, 2024 11:00 AM ET Company Participants Rob Chang - Chief Executive Officer Sim Salzman - Chief Financial Officer Conference Call Participants Martin Toner - ATB Capital Market Jon Hickman - Ladenburg and Thalmann Kevin Dede - H. C. Wainwright Operator Greetings, and welcome to the Gryphon Digital Mining First Quarter 2024 Earnings Call.

Seekingalpha | 1 year ago