BitFuFu Reports 137 BTC Output in October
The Bitcoin miner's holdings rose to 1,454 BTC as of October 31, 2026, even as monthly production fell from September.
Updated on Nov. 6, 2026 in Current Conditions
BitFuFu reported Bitcoin production of 137 BTC in October 2026, down from 167 BTC in September, with 70 BTC from cloud mining and 67 BTC from self-mining. The company held 1,454 BTC as of October 31, 2026, up from 1,388 BTC in September.
Why it matters
Production declined as Bitcoin network difficulty rose approximately 11.8% during October, from 132.76T to 148.36T. The update gives investors a monthly view of how mining output tracks network conditions for a miner operating at scale.
Company-reported monthly operational metrics show 137 BTC produced in October against 167 BTC in September, with average fleet efficiency improving to 16.3 J/TH from 16.7 J/TH. The filing does not explain whether the holdings increase came from retained production or purchases, nor does it give forward production guidance.
The players
BitFuFu
BitFuFu is a Singapore-based Bitcoin mining company that offers cloud mining services alongside operating its own mining fleet.
The details
BitFuFu, headquartered in Singapore, said its October output included 70 BTC from cloud mining and 67 BTC from self-mining. Third-party suppliers and hosting customers contributed 15.8 EH/s of hashrate, and the company managed 317 MW of total power capacity.
Timeline
September 2026: Prior-month production and hashrate baseline (167 BTC produced; 1,388 BTC held).
October 2026: Monthly production of 137 BTC and network difficulty rise of about 11.8%.
October 31, 2026: Holdings measured at 1,454 BTC.
November 6, 2026: BitFuFu announced its October production and operational updates.
Market Landscape
Bitcoin's protocol adjusts mining difficulty to keep block times steady, so a rise of about 11.8% in October meant each unit of hashrate mined fewer coins. BitFuFu's 137 BTC output reflects that mechanism rather than a change in the company's fleet size, which grew modestly to 19.5 EH/s.
For Bitcoin holders, a miner's rising reserves and steady efficiency signal that production is being retained rather than sold at this stage. Readers tracking mining economics should note that higher network difficulty can squeeze output even when hashrate grows.
The takeaway
Monthly production can fall even as holdings grow, because network difficulty sets how much Bitcoin each unit of hashrate earns. Watching difficulty alongside production gives a clearer read on a miner's actual performance.
Further reading
Track real-time shifts in mining output and network conditions in Current Conditions.
