ChainCatcher news, mining company Riot Platforms mined 527 bitcoins in January, a month-on-month increase of 2%, marking the highest monthly output since December 2023.In contrast, other major mining companies generally experienced a decline in output, with Marathon down 13% to 750 coins, and CleanSpark down 6% to 626 coins.

ChainCatcher news, according to an announcement from Cango Inc., the company's Bitcoin production reached 569.9 coins in December 2024, a 56% increase from 363.9 coins in November. The Bitcoin holdings at the end of the month rose to 933.8 coins, with no Bitcoin sold during the period. The company's average hash rate reached 30.4 EH/s, a month-on-month increase of 2%.Previous news, in December last year, Shanghai-based automotive trading service platform Cango announced the purchase of mining machines from Bitmain for $256 million as part of its transformation into Bitcoin mining, and reported a production of 393 coins in November.

ChainCatcher news, Bitcoin miners Marathon Digital and Riot Platforms announced that their monthly Bitcoin production has reached its highest level since the Bitcoin halving in April, marking a strong rebound since the miner rewards halved.Marathon produced 717 Bitcoins, worth $48.8 million. Marathon CEO Fred Thiel explained that the company attributes part of this to its powered hash rate rising over 14%, exceeding 40 exahashes per second. Riot mined 505 Bitcoins in October, worth $34.4 million, a month-over-month increase of 22.6%.

ChainCatcher message, according to the latest data from The Miner Mag, the BTC production market share of 16 publicly listed Bitcoin mining companies has approached 23%. These companies produced a total of 3,226 Bitcoins in August, which is comparable to the production in May, June, and July.

ChainCatcher news, according to CryptoSlate, Bit Digital and Iris Energy have released their Bitcoin (BTC) mining data for the past three months. Despite an increase in hash rate, the Bitcoin output of both companies has shown a downward trend since April.Data shows that Bit Digital mined 119.3 BTC in April, 63.3 BTC in May, and 61.7 BTC in June. Meanwhile, Iris Energy's output during the same period was 358 BTC, 230 BTC, and 233 BTC, respectively.Additionally, Argo Blockchain mined 99 BTC in April, 45 BTC in May, and 44 BTC in June.

ChainCatcher news, according to Cointelegraph, the Bitcoin halving is approaching, but the top five Bitcoin mining companies have not sold their Bitcoins. According to a report by Bitwise on April 10, the total amount of Bitcoins sold by the top five mining companies in the first quarter of 2024 has dropped to about 2,000, reaching a two-year low.Currently, global Bitcoin miners hold over 700,000 Bitcoins, accounting for 3.4% of the total Bitcoin supply. The last time the top five mining companies sold fewer than 2,000 Bitcoins was in the first quarter of 2022. In contrast, in the fourth quarter of 2023, the top five mining companies sold over 7,000 Bitcoins in total.It is reported that among the top five mining companies, Marathon Digital has the highest Bitcoin production, with a cost price of $22,249 per coin. Its output in the first quarter of 2024 exceeded 2,500 Bitcoins, but this figure is lower than the over 4,000 Bitcoins produced in the fourth quarter of 2023.

ChainCatcher news, according to Bloomberg, Lee Bratcher, chairman of the Texas Blockchain Council, stated that due to the power crisis, Bitcoin mining output in the state has decreased by more than 90% this week.The U.S. officials announced on Thursday that Texas has entered a power emergency. Lee Bratcher mentioned that under the tight power conditions, all industrial-scale Bitcoin miners have shut down their mining machines.

ChainCatcher news, Bitcoin mining company Hut 8 Mining announced its second-quarter financial report for the period ending June 30, 2023. In the second quarter, Hut 8 Mining's revenue decreased by 56.2% year-on-year to 19.2 million Canadian dollars, with a total of 399 bitcoins produced, a year-on-year decrease of 58%. Additionally, the company sold a total of 396 bitcoins in the second quarter, generating a revenue of 14.7 million dollars.

ChainCatcher news, Bitdeer announced its Q2 2023 financial report, with total revenue of $93.8 million in the second quarter, a net loss of $40.4 million, compared to a net loss of $15.6 million in the same period of 2022; adjusted profit for the second quarter was $2.3 million; adjusted EBITDA for the second quarter was $18.7 million; as of June 30, Bitdeer held cash and cash equivalents of $130.2 million. The total computing power in Q2 2023 was 18.8 EH/s, with a total of 199,000 mining machines; in Q2 2023, Bitdeer's self-mining operations produced 758 BTC, a year-on-year increase of 45.5%.At the same time, Bitdeer's 100MW mining data center in Bhutan is undergoing power-on testing, with mining machines starting to operate stably, and construction of a 175MW immersion cooling data center is underway at the mining facility in Tydal, Norway.