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BitFuFu Smashes Records with 34.1 EH/s Hashrate as Bitcoin Mining Output Soars

BitFuFu Smashes Records with 34.1 EH/s Hashrate as Bitcoin Mining Output Soars

Author:
Coindesk
Published:
2025-06-04 18:12:45
17
3

BitFuFu Hits Record 34.1 EH/s Hashrate as Bitcoin Production Surges in May

Bitcoin mining just hit a new gear—BitFuFu's hashrate rockets to 34.1 EH/s, marking a seismic leap in production this May.

Behind the numbers: The mining giant's relentless expansion pays off as network competition heats up. No surprise—everyone's chasing those block rewards before the next halving squeezes margins.

Cynical take: Wall Street still can't decide if it's 'digital gold' or a high-risk casino chip. Meanwhile, miners keep printing money—the old-fashioned way: with absurd amounts of electricity.

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