BitFuFu Mined 214 Bitcoin in March and Sold 80 BTC
The company said 171 Bitcoin came from cloud mining (remote rented mining power) and 43 Bitcoin from self-mining, while its holdings declined to 1,794 BTC by month-end.
BTC
Summary
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Terms & Concepts
Cloud mining: A model where users access rented mining power remotely instead of operating their own hardware directly.
Self-mining: Bitcoin production using a company’s own mining machines and infrastructure.
Bitcoin holdings: The amount of Bitcoin a company retains on its balance sheet after mining, sales, or other transfers.