Top Bitcoin miners produced nearly $800M of BTC in Q1 2025

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The largest publically traded Bitcoin mining companies produced astir $800 cardinal worthy of Bitcoin successful the archetypal 4th of 2025, reflecting continued maturation crossed the assemblage arsenic Bitcoin prices held adjacent grounds highs.

According to publically disposable information compiled by Cointelegraph, the apical Bitcoin mining companies produced implicit 9,700 Bitcoin (BTC) successful the archetypal quarter. With Bitcoin trading astatine astir $81,600 astatine the clip of writing, the full accumulation was valued astatine astir $800 million.

Marathon Digital, the biggest Bitcoin mining institution by marketplace capitalization, led the battalion with 2,285 Bitcoin (worth astir $186 million) mined successful Q1.

On April 3, Marathon announced that it produced 829 BTC successful March, up 17.4% from February and 10.5% higher than January.

Bitcoin miners nutrient 9,746 BTC successful Q1 2025

CleanSpark followed with 1,950 BTC mined successful Q1, valued adjacent $160 million. CleanSpark’s March show besides saw a 13.4% summation month-on-month.

Iren, formerly Iris Energy, produced the third-highest magnitude for the quarter. The mining steadfast reported a full of 1,513 BTC, worthy astir $124 million.

Its 533 BTC produced successful March was a 16.1% summation from its February performance. CompaniesMarketCap places Iren arsenic the sixth-largest Bitcoin miner by marketplace capitalization.

Riot Blockchain, which ranks 2nd lone to Marathon Digital by marketplace capitalization, had the fourth-largest BTC accumulation during the quarter.

The institution reported accumulation of 1,428 BTC (about $117 million) during the quarter. Like Iren, Riot produced 533 BTC successful March, a 13.4% summation from February.

Hut8 shows 91% maturation successful Bitcoin production

Hut 8 Mining, contempt producing the slightest magnitude of Bitcoin among the apical miners reviewed, showed the highest maturation rate. The institution mined 199 BTC successful Q1 valued astatine astir $16 million, including 88 BTC successful March. That represents a 91% summation from the 46 BTC it produced successful February.

On March 31, Hut8 partnered with US President Donald Trump’s sons, Donald Trump Jr. and Eric Trump, to motorboat a caller mining task called American Bitcoin. The task aims to beryllium the “world’s largest, astir businesslike pure-play Bitcoin miner.”

In a erstwhile Cointelegraph interview, Hut 8 CEO Asher Genoot said the institution aims to dominate US Bitcoin mining. Genoot said the institution plans to physique 1 of the largest and astir businesslike Bitcoin mining platforms rooted successful American soil.