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Monthly Bitcoin production drops as miners fight rising hashrate

In January 2025, major Bitcoin miners, including Hut 8, Mara, and Bitfarms, experienced reduced production due to a significant rise in network difficulty. This difficulty level has increased by 27.8% since the last halving in April 2024, now standing at around 110 trillion.

Contrarily, Riot Platforms managed to increase its Bitcoin production by 2.1% due to the launch of a new mining facility in Texas. This contrasts with declining outputs from other miners, showcasing the varying impact of rising difficulty across the market.

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