September 2023 has been a great month for Bitcoin mining companies. While the crypto world is busy with news of SBF and Celsius' Mashinsky-related lawsuits, Bitcoin miners are promising to provide more cryptocurrencies in the future by increasing hash rates. 🚀
News of record production from three Bitcoin mining firms coincided with Kraken's 5-year highest BTC inflow and hash rate increase of 506.06M in mid-September, according to YCharts. 🔥
CleanSpark is celebrating the best year in its history. He mined 643 BTC in September, bringing his total BTC holdings to 2,240. According to the company's CEO, these figures not only record the past months as its most profitable quarter, but also make CleanSpark's FY23 the best year in its history. 🎉
Riot Blockchain also had a great month. The company, which issued half as much BTC as CleanSpark, achieved this thanks to an agreement with ERCOT, Texas' power grid. This deal provided $13 million in energy credits, which is over 500 BTC at current prices. 💰
Despite the success of CleanSpark and Riot Blockchain in September, the best performer was Marathon Digital Holdings. According to the company's statement, Marathon produced 1,242 BTC in September, bringing the year's total to 8,610. 🏆
But Marathon's mining operations were not without problems. While trying to set new records, Bitcoin issued an invalid block due to an error in regulating its transactions.



