Cipher Mining Reports April Bitcoin Production & Operations Update

Nasdaq-listed Bitcoin mining company Cipher Mining recently released an unaudited production and operations update for April. The report states that the company mined 174 BTC during the month. However, due to operational requirements, Cipher Mining sold 350 BTC, resulting in a reduction of its Bitcoin holdings to 855 BTC with 379 BTC held as collateral. By the end of April, Cipher Mining’s hash rate reached 13.5 EH/s.