Financial PerformanceGryphon Digital Mining reported its full-year 2024 sales of $20.5M, down from 2023's $21.1M on declining bitcoin mining economics.
Operational ChallengesThe company is skating on thin ice, with no closed power deal, no financing, and no customers.
Power Infrastructure ChallengesThere is no power infrastructure at the locations encompassed by the Erikson Nation Energy Inc. insolvency purchase, which presents a challenge for Gryphon.