Recently, Bitcoin miners Marathon Digital, Riot Platforms and CleanSpark recorded strong Bitcoin production growth in September, leading to a slight increase in stock prices on October 4. Among them, Marathon Digital produced a total of 1,242 BTC in September, an increase of 16% from August and an increase of 245% from September 2022. Riot Platforms’ BTC production increased by 9% month-on-month, with 362 BTC produced in September. While CleanSpark produced 643 BTC in the fiscal year from October 1, 2022 to September 30, 2023, and 6,903 BTC in the fiscal year from October 1, 2022 to September 30, 2023, the company Best performance to date.
While the price of Bitcoin has been muted over the past month, these companies have strengthened their balance sheets. The performance growth of these miners is mainly due to factors such as improving efficiency, reducing energy costs and operating their facilities at maximum capacity.