Overview of January Mining Performance
According to the latest operational report, the mining company produced 496.35 bitcoins in January. To support company operations and expansion plans, it sold 550.03 bitcoins during the same period.
By the end of January, the company's total bitcoin holdings reached 7,474.6. Although extreme cold weather and snowstorms in North America caused temporary disruptions and reduced hash rates, the network difficulty adjustment helped mitigate the impact.
Operational and Expansion Strategies
Paul Yu, CEO of the company, stated that while the extreme weather did affect mining efficiency, the difficulty adjustment provided favorable conditions to offset some losses.
To support the ongoing expansion of the AI inference platform and other growth initiatives, the company plans to selectively sell a portion of newly mined bitcoins starting this month.
- January Mining Output: 496.35 BTC
- Sales in January: 550.03 BTC
- Total Holdings by End of Month: 7,474.6 BTC
Outlook for the Future
Despite short-term operational challenges, the company remains confident in its future growth. By optimizing mining strategies and flexible capital allocation, it will continue to advance its strategic objectives.