The top 11 Bitcoin mining companies by market capitalization achieved record monthly production levels in October, the highest since the halving event in April.
According to data from Farside, all major listed mining companies except Terawulf recorded month-on-month production increases. Together, these companies increased their production by 13%, bringing the total amount of Bitcoin mined in October to 3,630 BTC.
Marathon Digital Holdings (MARA) led the production surge with 717 BTC, followed by CleanSpark (CLSK) with 655 BTC. Riot Platform (RIOT) also made notable gains, generating 505BTC. However, Terrawolf (WULF) experienced a slight decline, with production in October at 150 BTC, down from 176 BTC in September.
These production milestones were achieved despite increased mining difficulty and an average increase of more than 3% in October, according to the hashrate index.
This trend continues into November, with mining difficulty increasing by more than 6% so far. The next adjustment, scheduled for November 18, is expected to increase by more than 2%.
