Bitcoin (BTC) miners Marathon Digital and Riot Platforms have doubled their hash price since June 2023 amid varied levels of change at different companies.
On July 3, Marathon reported a median operational hash price 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 price to operational enhancements at its Ellendale facility and to the location changing into absolutely operational in July.
Marathon produced 590 BTC in June, down 4% from 616 BTC in Could.
The corporate additionally elevated its Bitcoin holdings to 18,536 BTC, up 4% from 17,857 BTC in Could. As of June 30, Marathon held $1.4 billion in whole money and Bitcoin.
Riot additionally doubles hash price
On July 3, Riot Platforms mentioned it achieved a 22.0 EH/s hash price in June, marking a 106% enhance from 10.7 EH/s in June 2023 and a 50% enhance from 14.7 EH/s in Could.
The corporate elevated its hash price by including 7.3 EH/s to its hash price capability in two buildings at its Corsicana facility. It additionally used the accessible capability at its Rockdale facility.
Bitcoin manufacturing rose barely month-over-month: Riot generated 255 BTC in June, up 19% from 215 BTC in Could. It held 9,334 BTC in June, up 3% from 9,084 BTC in Could.
Different efficiency experiences
At the very least two extra companies have practically doubled their hash price over varied intervals. CleanSpark just lately reported doubling its hash price since December 2023, whereas BitFarms raised its month-end hash price from 5.3 EH/s to 10.4 EH/s year-over-year.
Some companies have reported lesser hash price will increase. Cipher Mining reported a month-end working hash price of 8.6 EH/S, up from 8.0 EH/s in Could and 6.0 EH/s the earlier 12 months. The corporate mined 176 BTC in June, up from 166 BTC in Could.
Bitdeer reported 22.3 EH/s hash price beneath administration in June, down from 22.4 E/H in Could however up from 18.8 the earlier 12 months. Bitdeer mined 179 BTC by self-mining, down from 184 BTC in Could.
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