The mining company MARA mined 950 BTC in May. This is the highest volume since January 2024 and 35% more than the April figure.
High results were achieved after the Bitcoin halving in April 2024, when the reward for finding a block was reduced from 6.25 BTC to 3.125 BTC.
The company also set an internal record by adding 282 blocks — a 38% increase for the month. This was facilitated by the company's own mining pool, MARA Pool, and an increase in hash rate.
MARA Pool is the only pool among public miners that is fully owned and operated by the company itself. This allows MARA to keep 100% of the rewards. The pool also consistently exceeds the network's average success rate in obtaining rewards by more than 10%.
MARA's realized hash rate in May increased by 30% compared to April, reaching approximately 58.3 EH/s.
MARA's success reflects the overall trend in the industry. The combined realized hash rate of MARA, CleanSpark, and Riot Platforms increased by 15.5%. This raised the Bitcoin network difficulty to a new all-time high and put pressure on the hash price, reducing the growth that had been observed earlier in May.
MARA preserved all of its May production. The company's total reserves reached 49,179.