Gryphon Digital Mining Advances Energy Strategy

Gryphon Digital Mining, Inc. announced a significant step in its energy strategy with the acquisition of natural gas assets in British Columbia. This deal secures access to low-cost power initially producing 100 MW, with potential scalability to 1 GW. This move is expected to reduce power costs from $0.0605/kWh to under $0.03/kWh, positively impacting the company's energy economics.

Eric Gallie, an industry veteran with 18 years of experience, joins Gryphon as SVP of Energy Strategy. Gallie's expertise in managing $1.5 billion in oil and gas portfolios is anticipated to bolster Gryphon's energy initiatives.

In November, Gryphon mined 17.26439 BTC, generating estimated revenues of $1,487,580 with a margin of 21.96%. The company ends the month with 18.367 BTC valued at $1.78 million.