Bitcoin (BTC) miners Marathon Digital and Riot Platforms have doubled their hash charge since June 2023 amid varied levels of change at different corporations.
On July 3, Marathon reported a mean operational hash charge of 26.3 exahashes per second (EH/s) in June, representing a 102% yearly enhance from 13.0 EH/s. The change additionally marks a 2% month-to-month enhance from 25.8 EH/s. The corporate targets 50 EH/s by year-end.
Marathon attributed its rising hash charge to operational enhancements at its Ellendale facility and to the positioning changing into absolutely operational in July.
Marathon produced 590 BTC in June, down 4% from 616 BTC in Might.
The corporate additionally elevated its Bitcoin holdings to 18,536 BTC, up 4% from 17,857 BTC in Might. As of June 30, Marathon held $1.4 billion in complete money and Bitcoin.
Riot additionally doubles hash charge
On July 3, Riot Platforms mentioned it achieved a 22.0 EH/s hash charge in June, marking a 106% enhance from 10.7 EH/s in June 2023 and a 50% enhance from 14.7 EH/s in Might.
The corporate elevated its hash charge by including 7.3 EH/s to its hash charge capability in two buildings at its Corsicana facility. It additionally used the obtainable capability at its Rockdale facility.
Bitcoin manufacturing rose barely month-over-month: Riot generated 255 BTC in June, up 19% from 215 BTC in Might. It held 9,334 BTC in June, up 3% from 9,084 BTC in Might.
Different efficiency experiences
No less than two extra corporations have almost doubled their hash charge over varied durations. CleanSpark not too long ago reported doubling its hash charge since December 2023, whereas BitFarms raised its month-end hash charge from 5.3 EH/s to 10.4 EH/s year-over-year.
Some corporations have reported lesser hash charge will increase. Cipher Mining reported a month-end working hash charge of 8.6 EH/S, up from 8.0 EH/s in Might and 6.0 EH/s the earlier 12 months. The corporate mined 176 BTC in June, up from 166 BTC in Might.
Bitdeer reported 22.3 EH/s hash charge below administration in June, down from 22.4 E/H in Might however up from 18.8 the earlier 12 months. Bitdeer mined 179 BTC by self-mining, down from 184 BTC in Might.
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