Hut 8, a North American digital asset miner, announced that it mined 111 Bitcoin in September, bringing its self-mined BTC reserves to a total of 9,366. This represents an 8% increase over the previous month. Hut 8 also reported a hashrate capacity of 2.6 EH/s and a production rate of 42.7 BTC/EH. The company’s total reserve amount is calculated to be $258 million, as Bitcoin’s price sits above $27,000. While Hut 8 considers its mining milestone a success, the wider bitcoin mining industry is focusing on advancements in renewable energy to limit environmental impact.

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