According to a report by Jefferies, US-listed Bitcoin mining companies accounted for 25.3% of global computing power in December 2024. The report pointed out that the price of Bitcoin rose by 15% in December, which exceeded the 6.5% growth rate of network computing power, resulting in improved mining profitability. The average daily revenue was $59,585 per EH (per exabyte hash), an increase of 7.1% month-on-month. US-listed mining companies mined a total of 3,602 bitcoins in December, up from 3,404 in November. Among them, MARA had the highest output, 890, followed by CleanSpark (CLSK), which produced 668. MARA has an installed computing power of 53.2 EH/s, the largest in the industry, followed by CleanSpark at 39.1 EH/s. Jefferies lowered its price target for MARA from $24 to $20, but maintained a "hold" rating. MARA shares rose 0.5% to $18.43 in early trading on Friday. (coindesk)