MARA Holdings, Riot Platforms, CleanSpark Shares Rise Following Bitcoin Production Updates: Here’s How The Miners Stacked Up In May
Bitcoin (CRYPTO: BTC) mining stocks MARA Holdings Inc (NASDAQ:MARA), Riot Platforms Inc (NASDAQ:RIOT) and CleanSpark Inc (NASDAQ:CLSK) are moving higher on Tuesday. Each of the companies released production updates for May.
MARA Production Update: MARA Holdings mined 950 bitcoin in May, up 35% on a month-over-month basis. The company said it won 282 blocks last month, up 38% compared to the prior month. MARA Holdings held a total of 49,179 bitcoin as of May 31 after opting not to sell any holdings during the period.
MARA Holdings reported a total energized hashrate of 58.3 EH/s at month’s end, up from 57.3 EH/s at the end of April.
“Our fully integrated tech stack is a key differentiator, and MARA Pool is the only self-owned and operated mining pool among public miners, offering greater control and efficiency. Operating our pool means no fees …
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