Bitcoin Miners See Mixed Production amid Industry Expansion and Outages
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Marathon Digital's Bitcoin production increased 245% year-over-year in September to 1,242 BTC. The company aims to add 5 more exahashes of mining capacity.
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Riot Platforms increased monthly Bitcoin production 9% to 362 BTC in September. The company earned more from power credits than Bitcoin sales.
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CleanSpark reported record Bitcoin production of 643 BTC in September and 6,903 BTC for its 2022-2023 fiscal year.
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Bit Digital's Bitcoin production fell 7% to 130.2 BTC in September due to a utility outage.
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Bitcoin 2023 conference in Miami discussed the rise of altcoins and tokens on the Bitcoin network.