Canadian crypto mining company Hut 8 Mining accumulated 7,736 BTC valued at $178 million at the end of July, according to a press release shared by the company.
During the reporting period, 330 BTC were mined with an average production of 10.6 BTC per day and Hut 8 left all coins on its balance sheet.
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As of July 31, the company's hashrate reached approximately 2.92 EH/s.
According to Hut 8 CEO Jaime Leverton, the company's non-Bitcoin business continues to grow. He has said the company has signed a contract with mining group Foundry as a cloud services customer.
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The difficulty of mining Bitcoin has previously increased by 1.74% to 28.17 T as a result of the latest recalculation.
Last month, mining company Argo Blockchain mined 219 BTC, which is 22% more than the previous month.