Riot Platforms experienced its highest monthly production since December 2023, mining 527 Bitcoin in January, representing a 2% increase from the previous month. However, other major mining firms reported declines in production, with MARA Holdings mining 750 BTC, a 13% decrease from December, and Cleanspark mining 626 BTC, a 6% decrease. The decline in production across the industry can be attributed to increasing network difficulty, which both Riot and MARA's CEOs cited as a challenge. Bitcoin's mining difficulty is set to hit an all-time high with the next adjustment, which may further impact production. Bitcoin's price has risen 4% year-to-date, which is significant for mining stocks. Some mining firms have yet to report their January production figures.



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