BitFuFu is an online cloud Bitcoin miner based in Singapore. It has reported its best production month of the year. The company attributes this to a larger mining fleet.
BitFuFu said On Monday, the company reported that it had mined 445 Bitcoins in June. This represents an increase of 11.3% from one month to another. The firm said it mined 387 Bitcoins (BTC“Cloud mining” is the process of cloud mining. from self-mining.
Leo Lu is the chairman and CEO at BitFuFu. He said that June was its best month. “most productive month of 2025,” He attributes the “continued expansion of our mining fleet.”
BitFuFu reported in January it had signed with the a two-year agreement with mining hardware giant Bitmain Purchase up to 80,000 Bitcoin Miners
BitFuFu has currently held 1,792 Bitcoin. worth In the US, over $193 millions. Over $193 million comparisonRiot Platforms has 19,225 Bitcoins and CleanSpark, third-largest mining company, owns 12,608. Riot Platforms is second with 19,225 and CleanSpark the third largest mining company, has 12,608.
Hashrates of BitFuFu spiked
BitFuFu hashrate increased by 6.2% to 36.2. exa hash per second The (EH/s) is a measure of computing power. Of the 32.4 EH/s, 32.4% comes from hosting and third-party providers.
Power capacity of mining companies increased 11.8% in a single month to 728 Megawatts on five continents.
“Reaching record levels of 36.2 EH/s in hashrate and 728 MW in power capacity, we’re proud of the strong operational momentum in the first half of the year, which reflects our ability to scale effectively and execute with discipline,” Lu said.
BitFuFu share price rises slightly
BitFuFu shares (FUFU), which closed Monday’s trading at $3.48, were up 1.16%. The stock has gained 8.82% within the last 5 days.
BitFuFu’s share price soared 13 percent to $5.60 in January due to its two-year deal with Bitmain, a mining equipment giant.
Meanwhile, other miners’ stocks surged In the run-up to the US markets closing earlier last Thursday before the Independence Day holiday,
The shares of Riot Platforms, Hive Digital, Hut 8 and MARA Holdings all grew between 13%-28% during the final four trading sessions prior to the holidays.
In June, Bitcoin miners had a mixed bag.
Bitcoin Mining Firms reported lowered Bitcoin production in JuneRiot Platforms reports a 14% decline in sales in May. This is primarily due to Texas power cuts.
IREN is an Australian Bitcoin miner that has had a record breaking month. Revenues reached 68 Million Australian dollars (44M USD), which was driven by higher Bitcoin prices This offsets the decrease in production due to a shorter June month. said Monday is a holiday.
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IREN’s hashrate was 41.1 EH/s in June, up from 38.4 EH/s last month.
CleanSpark posted an operational hashrate of 50 EH/s The mining capacity of the company increased by 145.1% in June compared to 20.4, EH/s in June last year. In June, it mined more than 685 Bitcoins compared to 445 Bitcoins in 2024.
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Source: cointelegraph.com
