Bitcoin mining is difficult for the first time in 4 months, as production is low through major companies
Miners workers have suffered from low production in January due to difficulty in the semi -registered network.
Miners workers have suffered from low production in January due to difficulty in the semi -registered network. The difficulty of mining peaks in 110 trillion (T), an increase of 27.8 % since half in April 2024, before a slight decrease to 108t by the end of the month. This represents the first drop in nearly four months. Meanwhile, the Bitcoin network segmentation has remained high, with an average of 832 Exhashes per second (EH/S), although the weekly average weekly moving average is 2 % to 781 EH/S.
The Digitter Marathon (MARA) witnessed a 13 % decrease in bitcoin production, mining 750 BTC, and was reported by a 12 % decrease in the blocks. The company maintained an active retail rate of 53.2 EH/S, with new miners not deployed. It is close to the full transition to the S21 Pro Miners in the Nebraska facility to improve efficiency. Marathon also set plans to expand energy nearby, with more details expecting.
Other mining companies are also struggling. Bitcoin’s production of HUT 8 decreased by 27 % to 65 BTC, while BitFarms recorded a decrease of 4.7 %. Both companies upgrade their mining equipment to face increasing difficulty. The CEO of HUT 8 ASHER Genot indicated that infrastructure promotions have almost completed and should enhance production.
The broader mining sector saw modest transformations. In January, the Bitcoin network division rate increased by 1 % to 785 EH/S, while mining difficulty decreased by 2 %, relieving some pressure on miners. Nevertheless, the difficulty is still 25 % higher than the pre -half levels. The market value of bitcoin mining companies increased by 5 %, as mining and riot platforms led by 23 % and 16 %, respectively.
Miners control strategies in response to changing conditions. The riot platforms reviewed the 1925 retail target of 46.7 EH/S to 38.4 EH/S and rented Altman Solon to explore HPC applications (HPC) at Corsicana, where there are 600 megawatts of energy. BitFarms has signed an agreement of $ 85 million with HIVE to sell the incomplete Paraguay mine, which has reinstated funds in the United States, including Bitcoin and AI/HPC projects.
The slowdown in the purchase of devices also affects market dynamics. Institutional mining companies increased the investment of devices in late 2023, prompting the growth of retail prices after half. However, this trend was reflected in mid -2014, with fewer Whatsminer, Avalon and Antminer units to the United States. Low acquisitions on new devices may help stabilize the difficulty of mining in the coming months.
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