Top 11 Bitcoin miners see monthly production rise 13% in October despite rising difficulty

The highest 11 Bitcoin mining corporations by market capitalization have achieved report month-to-month manufacturing ranges in October, the very best for the reason that April halving occasion.

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

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 features, 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 median of over 3%, in accordance with Hashrate Index.

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

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