The increase in BTC mining difficulty caused most mining companies to reduce their output in January, with MARA falling by 12.5%

Odaily News As the difficulty of network mining continues to increase, the output of most Bitcoin mining companies has declined in January. Miners including Hut 8, Mara and Bitrfarms have all seen a decrease in output in January compared to the last month of 2024. Compared with December 2024, Hut 8's monthly Bitcoin output fell by 27%, Mara's and Bitfarms' monthly Bitcoin output fell by 12.5% and 4.7% respectively, but Riot Platforms' Bitcoin mining output rose by 2.1% against the trend. (Cointelegraph)