Strong performance and expansion of Bitcoin mining operations reported by major U.S. players in May, with focus on infrastructure development.
Bitcoin Miners Reporting Strong May 2025 Gains
Three major U.S. Bitcoin miners - CleanSpark, MARA, and Riot Platforms - have shared their operational updates for May 2025, showcasing remarkable progress. Here's a lowdown on their achievements!
CleanSpark ShinesCleanSpark churned out 694 Bitcoins in May and boasted a hashrate of 45.6 Exahash per second (EH/s), a 7.5% surge from the previous month. Moreover, the company now boasts a hefty Bitcoin (BTC) reserve of 12,502 coins, more than doubling its treasure from last year, all mined in-house.
CleanSpark also ramped up its contracted power capacity to a whopping 987 megawatts, eyeing the title of becoming the first publicly-traded miner to hit 50 EH/s with self-managed infrastructure. The CEO, Zach Bradford, believes CleanSpark's "infrastructure-first" model can support scalability beyond 60 EH/s while ensuring full operational control.
MARA on a RollMARA, meanwhile, reported its most productive month since the April 2024 halving, minting 950 Bitcoins in May, a 35% increase over April. The company also earned 282 blocks, a 38% month-over-month boost. MARA's BTC hoard now stands at over 49,000 coins, with its self-run MARA Pool making significant contributions through luck in block rewards and operational efficiency.
CEO Fred Thiel emphasizes MARA's integrated model as the driving force behind costs reduction and energy optimization.
Riot Platforms ExpandingRiot Platforms mined 514 Bitcoins in May, a 11% leap from April. Beyond mining growth, Riot is pumping resources into its data center business. The company finalized the acquisition of 355 acres near its Corsicana site in Texas to set up high-performance computing data centers catering to enterprise and hyperscale clients. Riot also recruited Jonathan Gibbs, a seasoned pro in the sector, as the Chief Data Center Officer, tasked with spearheading the development of the new platform.
All in all, these miners are adjusting to the post-halving market by beefing up their infrastructure, fine-tuning their treasuries, and achieving vertical integration.
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Sources:
- Post-Halving Strategies of CleanSpark, MARA, and Riot Platforms
- CleanSpark's Ongoing Infrastructure Development
- MARA's Emphasis on Vertical Integration
- Riot Platforms' Data Center Expansion
- CleanSpark's Bitcoin Treasury Growth
- MARA's Bitcoin Hoard Expansion
- Riot Platforms' Strategic Treasury Management
- CleanSpark's Bitcoin reserve, which now stands at 12,502 coins, has more than doubled due to in-house mining operations, as reported in their May 2025 update.
- With a hashrate of 45.6 Exahash per second (EH/s), CleanSpark mined 694 Bitcoins in May 2025, marking a 7.5% increase from the previous month.
- MARA, on the other hand, has reported its most productive month since the April 2024 halving, with a production of 950 Bitcoins in May 2025, a 35% increase over April.
- Riot Platforms mined 514 Bitcoins in May 2025, a 11% leap from April, and is focusing on expanding its data center business.
- In a post-halving market, Bitcoin miners like CleanSpark, MARA, and Riot Platforms are adjusting by beefing up their infrastructure, increasing their operational capacity, and growing their Bitcoin reserves.
- Instead of relying solely on market swings, XRP holders can now turn to platforms like RichMiner to earn daily returns, providing an alternate revenue stream in the crypto finance landscape.
