HIVE, MARA mine more Bitcoin but earn less as crypto prices fall

HIVE, MARA mine more Bitcoin but earn less as crypto prices fall

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

HIVE Digital Technologies and MARA Holdings mined more Bitcoin in the September quarter than a year earlier but reported lower mining revenue, as weaker Bitcoin prices outweighed gains in production.

According to their latest regulatory filings, HIVE’s Bitcoin production increased 49% to 1,070 Bitcoin (BTC), while mining revenue fell 7.4% to $76 million.

MARA reported a similar pattern, with production rising 5% to 2,247 BTC and Bitcoin mining revenue dropping 34% to $159 million.

Both companies reported higher power bills and equipment charges.

HIVE’s electricity costs rose 20% to $45.6 million, while MARA’s purchased energy costs increased 12% to $48.1 million as it expanded its owned mining operations.

HIVE also recorded a $31.2 million noncash write-down on mining equipment, citing “depressed mining economics,” while MARA separately wrote off $12 million involving mining rigs and equipment under restructuring plans.

  Both results add to signs of pressure on Bitcoin mining economics.

American Bitcoin last week reported weaker mining margins despite a treasury-driven quarterly profit, while Core Scientific said it plans to leave mining entirely by year-end.

Unlike Core Scientific, HIVE and MARA are both continuing to invest in Bitcoin mining alongside artificial intelligence and high-performance computing.

HIVE’s HPC hosting revenue rose 71% to $8.8 million in the September quarter, accounting for 10.4% of total revenue.

Analiz: Piyasa hareketliliği devam ediyor.