Julio Moreno, the research director of CryptoQuant, tweeted that Bitcoin miners earned $75.9 million on March 6th, the second-highest amount in history. It is reported that the highest record was set on April 14, 2021, with $77.3 million.

Shares of Bitcoin miner CleanSpark (NASDAQ: CLSK) rose by 12% on February 6th, following the announcement that the company will acquire new mining facilities to increase its infrastructure and potentially double its hashrate in H1 2024. CleanSpark has purchased three "turnkey" sites in Mississippi for $19.8m in cash, which will contribute approximately 14% of the company's revenue shortly after the transaction is completed. The company also plans to procure a facility in Dalton, Georgia, with an initial cash payment of $3.4m and an additional investment of $3.5m to expand its footprint in Dalton to three sites. CleanSpark CEO Zachary Bradford believes that the move into Mississippi will allow the company to grow its operations and diversify its data center portfolio.

A recent report by Cantor Fitzgerald suggests that the upcoming Bitcoin halving event will present significant challenges for the eleven largest publicly traded Bitcoin miners. However, Bitdeer, a Singapore-based mining company, is expected to maintain its profitability despite the challenges. Cantor analysts predict that Bitdeer will emerge as a potential winner due to its high cost-efficiency. Bitdeer's cost per coin is estimated to be the lowest compared to other miners at $17,744, assuming an average Bitcoin price of $40,000 and a stable hashrate. This finding highlights Bitdeer's competitive edge and potential to lead the industry post-halving.

The balance of Bitcoin held in miner addresses has reached a low of 1.187 million BTC, the lowest level since August 2021, a decrease of 15,000 BTC since October 2023.

The Bitcoin mining network has experienced meteoric growth, with an increase in hashrate of 104% in 2023. This rapid expansion raises concerns regarding its sustainability, both from an environmental standpoint and in terms of the mining network’s profitability. In this document, we aim to address both of these important issues. Our final results of the average cost of production per Bitcoin, post halving for each miner are listed below, highlighting the average cost of production is US$37,856.

According to IntoTheBlock data, the Bitcoin miner reward and fee decreased by more than 50% this week, possibly due to a significant drop in Ordinals transactions. The total Bitcoin miner reward and fee for this week is $32.6 million.

Core Scientific, Inc., a bitcoin mining company, announced the final results of its $55 million equity offering (hereinafter referred to as "ERO") today. The subscription period for ERO ended at 5:00 p.m. Eastern Time on January 5, 2024. As the upper limit of ERO is $55 million, any excess subscription amount (if any) will be proportionally allocated to ERO participants who exercise their excess subscription rights based on the number of Core Scientific shares restructured by each excess subscription participant. Any excess payment made by ERO participants who exercise their excess subscription rights will be refunded to such ERO participants in accordance with the company's allotment procedures after the proportional allocation and the maximum issuance amount of $55 million become effective.

Bitdeer announced unaudited mining and operation updates for December 2023, producing 434 BTC, an increase of 7.7% compared to the previous month and an increase of 149.4% compared to the same period last year. In terms of AI cloud services, Bitdeer received the first batch of NVIDIA DGX H100 systems in December 2023 and has started installation and testing. The cloud service platform is expected to be launched in the first quarter of 2024.

Marathon Digital, a Bitcoin mining company, announced updates on its Bitcoin production and mining operations in December. The company produced 1,853 BTC in December, worth about $81.2 million. Marathon has produced a total of 12,852 BTC (worth $563.4 million) by 2023, more than double the mining output of 4,144 BTC in 2022. As of December 31, 2023, Marathon holds over 15,000 BTC.

US Bitcoin mining company CleanSpark released its unaudited Bitcoin mining and operation update for December 2023, in which the company mined 7,391 Bitcoins, a 60% increase from 2022, and its Bitcoin holdings increased by more than 1,200% to reach 3,002 Bitcoins, worth about $135 million. In December, the company mined a record-breaking 720 Bitcoins.