Public miners increased Bitcoin production, hash rate in January
Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices. The first production update of 2023 from publicly listed Bitcoin (BTC) Mining companies shows a steady increase in Hash Rate and a surge in BTC production compared to the previous month, according to a new Analysis from Hashrate Index. The majority of public miners increased their bitcoin production in January, with CleanSpark boosting it by 50%, reaching a record monthly production of 697 Bitcoins. Leading the BTC production, Core Scientific reached 1,527 coins mined in January, followed by Riot, the second-biggest producer, mining 740 Bitcoins in the month. Marathon and Cipher have seen significant increases in Bitcoin production, reaching 687 and 343 Bitcoins generated, respectively, compared to 475 and 225 in December. Public Miners: Monthly Bitcoin Production. Source: Hashrate Index and Luxor According to Bitcoin min