Along with soaring financial and operational demand, bitcoin miners are operating in an increasingly difficult landscape. Despite these headwinds, other miners are doubling down and increasing their fleets and Bitcoin treasuries.

Marathon Digital Holdings (MARA) had a stellar May, bringing in 950 Bitcoin through their mining operations. As such, they increased their corporate treasury reserves to a grand total of 49,179 BTC. The firm ramped up its BTC production by 35% during May and sold no Bitcoin.

Record production month for MARA — and we sold zero Bitcoin. - Salman Khan

CleanSpark, another clean energy Bitcoin-focused public miner, saw significant production increases in May, mining 694 BTC. The company’s month-end hashrate as of September rose to 45.6 exahashes per second (EH/s), a 7.5% sequential increase.

We increased our month-end hashrate to 45.6 exahashes per second (EH/s), up 7.5% sequentially. - Zack Bradford

Bitcoin’s mining difficulty level is still at an all-time high, currently at about 126.4 trillion. Notably, on April 5, the network hashrate passed the milestone of 1 ZH/s, a clear sign of the increased competition between miners.

As the big boys of mining grow in power, single miners are making news too. A solo Bitcoin miner just hit the luck jackpot with a $330,000 block reward! This win occurs despite all-time mining difficulty, highlighting the notoriously volatile earnings potential of cryptocurrency.

The Iranian Bitcoin mining industry is under severe threat from detrimental regulations that hinder its development and sustainability.

Bitcoin Treasuries is a resource dedicated to tracking corporate and institutional Bitcoin holdings. They take a leading role in reporting findings on ways that various actors are hoarding and spending Bitcoin.