CleanSpark, BitFuFu report lower September Bitcoin output while Canaan holds steady
CleanSpark produced about 529 BTC in September, roughly an 11% decline from the prior month, and announced it will move from monthly to quarterly mining updates as it expands its data‑center business. BitFuFu’s total output fell 4% to 167 BTC, with self‑mining rising but cloud‑mining dropping nearly 20%, and the company disclosed a dispute that threatens its planned 80 MW acquisition in Ethiopia. Canaan kept production flat at 44 BTC and brought an 8 MW heat‑recovery project online in the Nordics.
Why it matters
The shift to quarterly reporting will give investors less frequent visibility into CleanSpark’s mining performance, while the Ethiopia dispute adds execution risk to BitFuFu’s expansion plans. Canaan’s steady output and new heating project may support its cash‑flow outlook.
Key facts
- 1CleanSpark mined 529 BTC in September, down about 11% from 593 BTC in August. theblock.co
- 2CleanSpark sold 2 BTC on spot markets and delivered 700 BTC via exercised call options at an average price of $72,928 per Bitcoin. theblock.co
- 3CleanSpark will discontinue monthly mining updates and publish data quarterly. theblock.co
- 4CleanSpark closed a $2.276 billion senior secured note offering to fund its Sandersville, Georgia data‑center campus. theblock.co
- 5BitFuFu produced 167 BTC in September, a 4% decline from 174 BTC in August. theblock.co
- 6BitFuFu’s self‑mining output rose to 98 BTC, while cloud‑mining fell to 69 BTC, a drop of nearly 20% from August. theblock.co
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.