Key Takeaways
- Prime miners produced over 9,700 BTC price almost $800 million in Q1 2025.
- Marathon Digital led with 2,285 BTC mined, price $186 million.
- Hut 8 Mining noticed a 91% month-on-month development in March manufacturing.
Publicly traded Bitcoin mining companies collectively produced greater than 9,700 BTC within the first quarter of 2025, price almost $800 million at present costs round $81,600 per coin.
The sector confirmed regular development amid sturdy market circumstances.
Marathon Digital Leads the Pack
Marathon Digital, the trade chief by market capitalization, mined 2,285 BTC in Q1, totaling about $186 million.
In March alone, the corporate produced 829 BTC, a 17.4% improve from February.
Robust Month-to-month Progress from CleanSpark and Iren
CleanSpark adopted with 1,950 BTC valued at roughly $160 million.
The agency’s March output elevated by 13.4% month-over-month.
Iren, previously Iris Vitality, reported 1,513 BTC mined, price $124 million.
Its March manufacturing of 533 BTC marked a 16.1% rise from February.
Riot Blockchain and Hut 8: Notable Performers
Riot Blockchain, the second-largest miner by market cap, produced 1,428 BTC valued at roughly $117 million.
Its March output matched Iren’s at 533 BTC, additionally a 13.4% month-to-month improve.
Hut 8 Mining, regardless of being the smallest producer among the many group with 199 BTC mined, confirmed probably the most dramatic development.
Its March complete of 88 BTC was a 91% improve from February’s 46 BTC.
Hut 8’s New Enterprise
On March 31, Hut 8 introduced a partnership with Donald Trump Jr. and Eric Trump to launch a brand new enterprise known as American Bitcoin, geared toward changing into…
… the world’s largest, most effective pure-play Bitcoin miner.