<p>Bit Digital produced 53.4 bitcoin in May, representing a 29.9% decrease from the previous month.</p> <p>During the same month, the company also mined 27.0 ETH, <a href="https://www.prnewswire.com/news-releases/bit-digital-inc-announces-monthly-production-update-for-may-2022-301563585.html">per an announcement on Wednesday.</a></p> <p>The company held 793.6 BTC and 316.1 ETH as of May 31, with a fair market value of roughly $25.2 million and $0.6 million, respectively.</p> <p>The company owned 33,376 Bitcoin miners and 731 Ethereum miners at the end of the month — representing an estimated total hash rate of 2.17 exahash per second and 0.3 terahash per second, respectively.</p> <p>Of Bit Digital's currently owned mining fleet, 17.9% was deployed in <span class="xn-location">North America</span> as of <span class="xn-chron">May 31.</span></p>