TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 805,355) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra,” the “Company,” or “we”), is pleased to announce the results of our operations for the second quarter and six months ended June 30, 2023 (“Q2 2023”).
Second Quarter 2023 Financial Highlights
Our mining operations produced 77.15 gross bitcoin during Q2 2023, compared to 57.65 bitcoin during Q2 2022, an increase of 19.50 bitcoin. The increase was due primarily to the expansion of our hash rate from 231 PH/s as of June 30, 2022, to 382 PH/s as of June 30, 2023. This expansion of our hash rate more than offset an increase in network hash rate, from 214 EH/s as of June 30, 2022, to 370 EH/s as of June 30, 2023.
We recorded revenue of C$2.9 million during Q2 2023 compared to C$2.5 million during Q2 2022, an increase of $0.4 million. The increase was due primarily to the expansion of our hash rate, which more than offset the increase in netwo
We współpracy z: https://thenewscrypto.com/cathedra-bitcoin-announces-second-quarter-2023-financial-results/
