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BitFuFu just put up one of its stronger months on record. The Singapore-based Bitcoin miner produced 174 BTC in August 2026, a 55.4% jump from the 112 BTC it mined in July, driven by simultaneous expansion across both its self-mining and cloud-mining segments.
Average daily production climbed from 3.6 BTC to 5.6 BTC over the same period.
Where the coins came from
The August haul broke down almost evenly between two business lines. Self-mining contributed 88 BTC, up from 72 BTC in July. Cloud mining added 86 BTC, more than doubling from 40 BTC the prior month.
Total hashrate under management reached approximately 20.6 EH/s in August, a 45.1% increase from 14.2 EH/s in July. BitFuFu’s self-owned hashrate rose to 3.8 EH/s, while hashrate from third-party and hosted arrangements climbed to 16.8 EH/s.
Roughly 82% of the company’s total managed hashrate belongs to external parties, making BitFuFu’s business model closer to a mining infrastructure operator than a pure-play self-miner.
Efficiency gains alongside the growth
Fleet-wide energy efficiency improved to approximately 16.7 joules per terahash in August, down from 18 J/TH in July. In mining economics, lower is better: it means the company is extracting more computation from every unit of electricity consumed.
Total power capacity under management reached 344 megawatts, up roughly 34.9% compared to July.
BitFuFu treasury holdings now stand at approximately 1,373 BTC. The company added around 59 BTC to its reserves during August even after spending some Bitcoin on acquiring new computing infrastructure, putting the current stash at roughly $109M based on prices at the time of the report.
What it means for the mining competitive landscape
After the April 2024 halving cut block rewards from 6.25 BTC to 3.125 BTC per block, miners across the industry faced a structural revenue compression that forced consolidation, efficiency upgrades, and aggressive capacity expansion among those who survived.
The 1,373 BTC treasury position is another variable worth watching. Several publicly listed miners have adopted a strategy of retaining mined Bitcoin rather than immediately liquidating, mirroring the corporate Bitcoin treasury playbook that MicroStrategy helped popularize.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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