Top 11 Bitcoin miners see monthly production rise 13% in October despite rising difficulty

The highest 11 Bitcoin mining firms by market capitalization have achieved report month-to-month manufacturing ranges in October, the very best because the April halving occasion.

Knowledge from Farside reveals that each main publicly listed miner, besides Terawulf, posted month-over-month manufacturing progress. Collectively, these firms elevated manufacturing by 13%, bringing complete Bitcoin mined in October to three,630 BTC.

Bitcoin Miners’ October Manufacturing (Supply: Farside)

Marathon Digital Holdings (MARA) led the manufacturing surge with 717 BTC, whereas CleanSpark (CLSK) adopted with 655 BTC. Riot Platforms (RIOT) additionally noticed notable features, producing 505 BTC. Terawulf (WULF), nonetheless, skilled a slight dip, producing 150 BTC in October, down from 176 BTC in September.

These manufacturing milestones had been achieved regardless of rising mining problem, which elevated twice in October by a median of over 3%, in line with Hashrate Index.

Bitcoin Mining Difficulty — Bitcoin Mining Problem Changes (Supply: Hashprice Index)

This pattern has continued into November, with mining problem climbing by over 6% to date. The subsequent adjustment, scheduled for November 18, is projected so as to add greater than a 2% improve

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