BitNile Reports: 60.45 BTC mined in August

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After the company (BitNile) released its mining report for August 2022, which showed that

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60.45 BTC were mined in the month with an annualized run-rate of 787 BTC,

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BitNile's (NYSE:NILE) shares fell 2% pre-market on Wednesday.

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Compared to the 59.9 bitcoin (BTC-USD) mined in July 2022, that represents a slight increase.

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To date, the company has mined 393.6 BTC in total.

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Seven hundred of the S19 XP miners, which are environmentally friendly, have been put into service as miners.

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The number of miners in possession has increased to 12,669, including 600 in the hands of the carrier.

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Once installed, these miners will produce 1.091 exahashes per second of processing power.

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