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LM Funding America Announces January 2025 Production and Operational Update


//business-finance.news-articles.net/content/202 .. uary-2025-production-and-operational-update.html
Published in Business and Finance on by manilatimes   Print publication without navigation

TAMPA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended January 31, 2025.

The article from The Manila Times, published on February 11, 2025, discusses an operational update from LM Funding America, Inc. for January 2025. The company, which specializes in Bitcoin mining, reported a significant increase in its mining capacity, with a total hash rate of 1.2 Exahash per second (EH/s) as of January 31, 2025, up from 0.8 EH/s at the end of December 2024. This growth was attributed to the deployment of new, more efficient mining machines. Additionally, LM Funding America highlighted its strategic focus on enhancing operational efficiency and reducing costs, which included optimizing energy consumption and securing favorable electricity rates. The company also mentioned ongoing efforts to expand its mining facilities and improve its technological infrastructure to stay competitive in the rapidly evolving cryptocurrency mining sector.

Read the Full manilatimes Article at:
[ https://www.manilatimes.net/2025/02/11/tmt-newswire/globenewswire/lm-funding-america-announces-january-2025-production-and-operational-update/2053711 ]

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