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Bitcoin mining companies Bit Digital and Iris Energy have seen a decrease in Bitcoin production over the past three months.

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Jul 6, 2024

According to Cryptoslate, the Bitcoin mining companies Bit Digital and $Iris Energy have experienced a decrease in Bitcoin production over the past three months, despite an increase in hash rate. Bit Digital produced 119.3 coins, 63.3 coins, and 61.7 coins from April to June. During the same period, $Iris Energy produced 358 coins, 230 coins, and 233 coins. Additionally, Argo Blockchain also exhibited a similar decline in production, with output decreasing from 99 coins in April to 44 coins in June.

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