For Q3, Bit Digital (NASDAQ:BTBT) reported its unaudited bitcoin production and mining operations update. The company has completed its fleet's exit from China and 100% of fleet has arrived in North America due to State Council targeting virtual currency mining; as of Sep.30, 2021, 79.1% of the company's miner fleet was already deployed or awaiting installation in North America, and 20.9% was in transit. It owned 27,744 miners as of Sep.30 with an estimated maximum total hash rate of 1.603 Exahash. The company purchased 851 miners on the spot market during the quarter and has earned 248.36 bitcoins, a reduction from 588.4 earned in Q2 due to miner migration, as well as fleet repositioning in which the company sold or disposed of certain miners.
