According to ChainCatcher's message, the Nasdaq-listed Bitcoin mining company Bit Digital released its production update for December 2024 on its official website, disclosing that the Bitcoin mining output for December was 32.4 BTC, a decrease of 27.8% from the previous month. The main reasons for the decline were changes in the company's hosting portfolio, continuous redeployment of mining assets to new locations, and the retirement of older generation mining machines. As of December 2024, Bit Digital's active hash rate was approximately 1.8 EH/s.In December 2024, the company's unaudited GPU cloud computing business generated total revenue of approximately $4.5 million. As of December 31, 2024, the company held 742.1 BTC and 27,623.9 ETH, with fair values of approximately $69.3 million and $92.1 million, respectively. As of December 31, 2024, the company's digital assets, valued in Bitcoin, were approximately equivalent to 1,731.8 BTC, worth about $161.8 million. In December 2024, the company had cash and cash equivalents of $98.6 million, with total liquidity of approximately $260.4 million.

ChainCatcher news, according to a press release, Nasdaq-listed Bitcoin mining company CleanSpark has published its unaudited Bitcoin mining and operational report for the period ending December 31, 2024, which disclosed a mining output of 668 BTC in December, with a total Bitcoin holding of 9,952 BTC as of December 31. In December 2024, the company's average hash rate was 35.52 EH/s, average queue efficiency was 18.06 J/Th, and it mined an average of 21.56 Bitcoins per day, with a single-day high of 22.46 Bitcoins. In December 2024, the company sold 12.65 Bitcoins at an average price of approximately $101,246 per Bitcoin.

ChainCatcher news, the publicly listed Bitcoin mining company MARA released its performance report for December, which disclosed:The powered hash rate increased by 15% to 53.2 EH/s;A total of 249 blocks (890 BTC) were produced in December, setting a record for the second highest monthly block production;Total Bitcoin holdings: 44,893 BTC;Lent out 7,377 BTC, generating additional returns;So far, purchased 22,065 BTC at an average price of $87,205;Mining output for 2024 is 9,457 BTC;BTC annual yield is 62.7%.

ChainCatcher news, according to GlobeNewswire, Bitcoin mining company Bitfarms has released its latest monthly production report, stating that the company mined 211 BTC in December 2024, compared to 207 BTC in November, reflecting an average operational EH increase of 4% and a Bitcoin difficulty increase of 7%. As of December 31, 2024, the operational speed was 12.8 EH/s, a year-on-year increase of 97%. Year-to-date, the company's BTC mining output totaled 4,928 BTC.In addition, Bitfarms sold 147 of the 211 BTC earned from its regular capital management operations, with total proceeds of $14.3 million. The total liquidity is $147 million, which includes approximately $60 million in cash as of December 31, 2024. Bitfarms' treasury increased by 64 BTC, bringing its balance to 934 BTC, valued at approximately $87.8 million.

ChainCatcher news, according to data provided by columnist Nikolaus Hoffman cited by Bitcoin Magazine on the X platform, despite the drop in Bitcoin prices this week, U.S. Bitcoin spot ETFs still purchased 4,349.7 BTC, approximately $423.6 million, while the mining output during the same period was only 2,250 BTC.

ChainCatcher news, according to Globenewswire, Bitcoin mining company Bitfarms has released its latest monthly production report. The company mined 204 BTC in November, down from 236 BTC in October, reflecting a 1% increase in average operating EH and a 7% increase in Bitcoin difficulty. The operational speed on November 30 was 12.8 EH/s, a year-on-year increase of 100% and a month-on-month increase of 11%. Year-to-date, the company's BTC mining output totaled 4,482 BTC.In addition, Bitfarms sold 171 of the 204 BTC earned from its regular fund management operations, with total proceeds of $14.6 million. According to the mining machine upgrade agreement announced on November 12, Bitfarms added 33 BTC to its treasury from mining operations and transferred 351 Bitcoins to Bitmain. Considering the fund transfer of Bitcoin to Bitmain, Bitfarms' treasury held 870 Bitcoins at the end of November, down from 1,188 Bitcoins the previous month. Based on the Bitcoin price of $97,000 on November 30, this is valued at $84.4 million.

ChainCatcher news, according to data disclosed by Cointelegraph on the X platform, in November, U.S. spot Bitcoin ETFs purchased approximately 71,570 BTC, while the mining output during the same period was only about 13,500 BTC.

ChainCatcher news, Nasdaq-listed cryptocurrency mining company Argo has released its unaudited financial performance report for the third quarter ending September 30, 2024. The revenue for the three months and nine months ending September 30, 2024, was $7.5 million and $36.7 million, respectively, compared to $10.4 million and $34.4 million in the same period last year.In addition, Argo's Bitcoin mining output for the third quarter was 123 BTC, with an average daily mining output of 1.3 BTC.

ChainCatcher news, Bitcoin mining company MARA (formerly Marathon Digital) disclosed in its official blog that in October, the company's hash rate increased to 40.2 EH/s, a 14% increase from September. Although the block production slightly decreased month-over-month, due to the global hash rate increase and the subsequent rise in difficulty levels, BTC production grew by 2%, reaching 717 BTC.As of October 31, 2024, the company holds a total of 27,562 BTC, including 4,499 BTC that are restricted.

ChainCatcher news, according to a post by Cointelegraph on the X platform, data shows that this week, U.S. Bitcoin ETFs purchased Bitcoin worth $2,274,720,000, but this week's mining output was only 3,150 BTC, indicating that demand exceeded supply.

ChainCatcher news, Nasdaq-listed Bitcoin mining company CleanSpark released its unaudited Bitcoin mining and operational report on its official website for the period ending September 30, 2024, disclosing that in September, the Bitcoin mining output was 493 BTC, and the total Bitcoin holdings as of September 30 reached 8049 BTC (including 7098 BTC mined in the fiscal year 2024).In addition, CleanSpark also announced that it sold 2.5 BTC at a price of $58,287 in September, with a month-end operating hash rate of 27.6 EH/s.

ChainCatcher news, according to HODL15Capital monitoring, the net inflow of BTC for the U.S. spot BTC ETF in September was approximately 17,941 BTC, while the amount of BTC mined that month was 13,500 BTC, accounting for only 75.2% of the ETF net inflow.

ChainCatcher news, according to HODL15Capital monitoring, after the Bitcoin halving, its new mining output will decrease from 900 coins per day to 450 coins per day. At the current price, purchasing all this new output would require approximately 28 million dollars.

ChainCatcher news, the latest report from the crypto financial services platform Matrixport indicates that Bitcoin is facing selling pressure above the $28,000 price level, possibly due to Bitcoin miners. Matrixport stated in the report that due to the compression of profit margins for Bitcoin miners in recent weeks, it is suspected that they may be forced to liquidate any newly mined Bitcoin. (Source link)