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Ionic Digital Cuts Mining Output to 20.45 BTC in April, Hashrate Down 26.2% After GXD Facility Closure

GateNews
BTC-0.4%

According to its April unaudited mining and operations update, Ionic Digital produced 20.45 BTC in April, down 27.1% from March. Average daily hashrate declined 26.2% to 1.51 EH/s, primarily due to the complete shutdown of its GXD hosting facility in Oklahoma. The company now operates only four Midland mining sites, which contributed the entire 20.45 BTC output. Ionic Digital maintained zero debt in April and sold no BTC. As of April 30, the company held 2,836.4 BTC, an increase of approximately 19.9 BTC from March.

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