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    Home»Bitcoin»High 11 Bitcoin miners see month-to-month manufacturing rise 13% in October regardless of rising issue
    High 11 Bitcoin miners see month-to-month manufacturing rise 13% in October regardless of rising issue
    Bitcoin

    High 11 Bitcoin miners see month-to-month manufacturing rise 13% in October regardless of rising issue

    By Oluwapelumi AdejumoNovember 9, 2024No Comments2 Mins Read
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    The highest 11 Bitcoin mining firms by market capitalization have achieved file month-to-month manufacturing ranges in October, the very best because the April halving occasion.

    Information from Farside reveals that each main publicly listed miner, besides Terawulf, posted month-over-month manufacturing development. Collectively, these firms elevated manufacturing by 13%, bringing complete Bitcoin mined in October to three,630 BTC.

    Bitcoin Miner
    Bitcoin Miners’ October Manufacturing (Supply: Farside)

    Marathon Digital Holdings (MARA) led the manufacturing surge with 717 BTC, whereas CleanSpark (CLSK) adopted with 655 BTC. Riot Platforms (RIOT) additionally noticed notable positive aspects, producing 505 BTC. Terawulf (WULF), nevertheless, skilled a slight dip, producing 150 BTC in October, down from 176 BTC in September.

    These manufacturing milestones have been achieved regardless of rising mining issue, which elevated twice in October by a mean of over 3%, based on Hashrate Index.

    Bitcoin Mining Difficulty Bitcoin Mining Difficulty
    Bitcoin Mining Issue Changes (Supply: Hashprice Index)

    This pattern has continued into November, with mining issue climbing by over 6% thus far. The following adjustment, scheduled for November 18, is projected so as to add greater than a 2% improve

    Disclaimer: Our writers’ opinions are solely their very own and don’t mirror the opinion of CryptoSlate. Not one of the info you learn on CryptoSlate ought to be taken as funding recommendation, nor does CryptoSlate endorse any undertaking which may be talked about or linked to on this article. Shopping for and buying and selling cryptocurrencies ought to be thought-about a high-risk exercise. Please do your individual due diligence earlier than taking any motion associated to content material inside this text. Lastly, CryptoSlate takes no accountability must you lose cash buying and selling cryptocurrencies.



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