BitFuFu’s October Bitcoin Mining Output Falls Despite Steady Hashrate

BitFuFu mined 137 BTC in October, down from 167 in September, even as its managed hashrate held near 19.5 EH/s. The company partly attributed the lower output to the rising network difficulty and post-halving economics that are squeezing per-unit returns across the mining sector. The drop highlights how miners with steady capacity can still see production fall when Bitcoin’s network difficulty climbs and block rewards remain constrained. Investors will watch whether BitFuFu can offset softer output through fleet efficiency upgrades, hashprice recovery, or expansion of its cloud-mining and hosting business.