Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
Marathon Digital, in particular, produced 1,232 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards. Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to a small boost in share prices on Oct. 4. The firm’s balance sheets also strengthened despite Bitcoin’s price (BTC) recording another month of sideways movement — hovering between the $25,100 and $28,500 mark. Marathon's Bitcoin production rises 245% Bitcoin mining firm Marathon Digital produced a total of 1,242 BTC in September — a 16% increase from August and a massive 245% increase from September 2022. The huge spike in BTC production came from a 508% increase in the firm’s installed hashrate from 3.8 exahashes per second (EH/s) in September 2022 to 23.1 EH/s, according to Marathon’s September results. Marathon Digital Holdings’ September #Bitcoin Production Update is here: - Increased Monthly Average Operationa...