The cryptocurrency miner Iren outperformed MARA both in production of #Bitcoin and in fleet utilization in July. Iren produced 728 BTC in July, compared to MARA's 703 BTC. Iren utilized over 90% of its fleet.

It is worth noting that the Bitcoin hashrate surpassed 900 EH/s for the first time last month. The network hashrate is the total computational power that miners use to process transactions and secure the Bitcoin blockchain through energy consumption.