According to Wu, Bitmain-invested Bitcoin mining and cloud mining platform BitFuFu said on Thursday that it has expanded its operating hashrate from 15 EH/s as of June 30 to nearly 23 EH/s by the end of 2023. Total revenue last year was $284 million. The cloud mining division mined 6,756 bitcoins for customers, contributing $178 million, while the proprietary mining division generated 3,577 bitcoins with revenue of $100 million. BitFuFu is expected to bring $166.5 million in revenue to its affiliates (i.e. Bitmain) in 2023.