Encrypted mining company Sphere 3D released its Bitcoin mining report for January 2023, producing a total of 37.84 BTCs, with an average daily output of 1.26 BTCs, an increase of 118% compared to December 2022. As of January 31, Sphere 3D operates approximately 4330 S19j Pros miners with a total hash rate of approximately 433 PH/s. In January, Sphere 3D received about 11,000 mining machines, and a total of 121.65 BTC was spent on working capital, customs fees, tariffs, insurance and transportation fees. After full deployment, the total number of mining machines will reach about 15,000, and the hash rate will exceed 1.6 EH/s.