Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI? - Tellbrief.com

Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?

Drilling down into the individual miners' monthly data, it seems MARA – the largest publicly traded miner with a market cap of $4.8 billion, and the company formerly known as Marathon Digital – had a successful September, increasing their energized hash rate by 5% in September to 36.

9 EH/s. MARA also mined 705 BTC, a 5% increase from the previous month and the most mined in a single month since the halving in April.

The firm also increased its BTC holdings to 26,842, the second-largest bitcoin stockpile among publicly traded companies, trailing only MicroStrategy. At the same time, it remained on track to reach 50 EH/s by the end of 2024.

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