Bitcoin Mining Output Falls Again in July for CleanSpark, BitFuFu and Canaan
TL;DR
- CleanSpark, BitFuFu and Canaan all reported lower Bitcoin production in July, extending a second straight month of declines.
- CleanSpark mined 586 BTC, BitFuFu produced 112 BTC and Canaan delivered 46 BTC.
- BitFuFu’s self-mining segment still grew, while CleanSpark expanded its data-center strategy and Canaan continued stabilizing operations affected by wildfire disruptions.
Bitcoin mining output declined again in July at CleanSpark, BitFuFu and Canaan, despite a recovery in Bitcoin’s price after June’s sharp selloff. The figures show how mining performance remains tied to operating hashrate, infrastructure conditions and the changing economics of securing the network.
CleanSpark produced 586 BTC in July, down about 5% from 614 BTC in June. Its average operating hashrate declined roughly 9%, while average daily production stood near 18.9 BTC. The company ended the month with 13,931 BTC, giving it one of the larger Bitcoin treasuries among publicly traded miners.
BitFuFu mined 112 BTC, compared with 125 BTC in June. Its total managed hashrate fell about 7%, but the company’s self-mining business moved in the opposite direction. Self-mining production increased to 72 BTC from 70 BTC, while cloud-mining output dropped to 40 BTC from 55 BTC.
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