US-listed Bitcoin mining companies experienced a significant surge in production during May, increasing their mining volume by approximately 20% compared to April, according to a report by Jefferies. This positive trend reflects improved efficiency and potentially increased hash rate capacity. Mara Holdings led the pack, mining an impressive 950 BTC. CleanSpark followed closely behind, securing 694 BTC. These figures highlight the continued growth and consolidation within the US Bitcoin mining sector. Despite ongoing market volatility, miners are demonstrating resilience and adaptability. The increase may be attributed to factors such as upgraded equipment, optimized mining strategies, and favorable energy costs. This positive development could signal a strengthening foundation for the Bitcoin network and the broader cryptocurrency ecosystem. ```
US Bitcoin Miners Increase Production by 20% in May
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