Gryphon Acquires Ultra Low-Cost Power Mining Operations at ~$0.01/kWh
Gryphon Takes First Step in Low-Cost Power Plan LAS VEGAS, NV / ACCESSWIRE / August 20, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on low-cost, efficient operations with an ESG focus is proud to announce its first step in its low-cost power pipeline plans.Key highlights:Ultra low-cost power: Power purchase agreements with per kilowatt hour costs averaging around ~1 centOperating asset: Up to 2.9 megawatts ("MW") of currently running operations equipped with 59 PH/s of bitcoin mining machinesImmediately Accretive: Depending on usage, management believes that these low-cost power assets can generate around $1M in annu
