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The increase in BTC mining difficulty caused most mining companies to reduce their output in January, with MARA falling by 12.5%

2025-02-05 19:52:21 2 hours ago CoinRank

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CoinRank News: As the difficulty of network mining continues to increase, the output of most Bitcoin mining companies has declined in January. Miners including Hut 8, Mara and Bitrfarms have all seen a decrease in output in January compared to the last month of 2024. Compared with December 2024, Hut 8s monthly Bitcoin output fell by 27%, Maras and Bitfarms monthly Bitcoin output fell by 12.5% and 4.7% respectively, but Riot Platforms Bitcoin mining output rose by 2.1% against the trend. (Cointelegraph)

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