Two of the largest public Bitcoin miners, Marathon Digital and Riot Platforms, recorded their highest monthly Bitcoin production since the April halving event.
Marathon Digital achieved a 2% boost in Bitcoin production to 717 BTC in October, despite network difficulty challenges.
Marathon's Chairman and CEO credited higher transaction fees and proprietary mining technology for the production increase.
Riot Platforms reported a 23% increase in Bitcoin production in October, reaching 505 BTC, driven by improved hashrate deployment and operational efficiency.