PANews reported on May 3 that on May 3, Nasdaq-listed Bitcoin mining company Cipher Mining released its unaudited production and operations update report for April. The report disclosed that its Bitcoin mining output for April was 174 BTC, but due to business operations needs, 350 BTC were sold during the month. Currently, the Bitcoin holdings have decreased to 855 BTC (of which 379 BTC are used as collateral), and the hash rate reached 13.5 EH/s at the end of the month.