SA Charts: How did U.S. bitcoin miners perform in September?

As publicly traded bitcoin miners post their respective monthly results, six out of the top ten largest firms by market capitalization saw the continuation of a dip in production numbers in September.

This included Core Scientific (NASDAQ:CORZ), Bitfarms (NASDAQ:BITF), TeraWulf (NASDAQ:WULF), Bitdeer Technologies (NASDAQ:BTDR), Cipher Mining (NASDAQ:CIFR) and Hut 8 (NASDAQ:HUT).

On the other hand, four companies—MARA Holdings (NASDAQ:MARA), CleanSpark (NASDAQ:CLSK), Riot Platforms (NASDAQ:RIOT) and Iris Energy (NASDAQ:IREN)—defied the downturn, seeing increased output from August to September.

Looking at September performance for this group of miners in total, the group listed above produced a total of 3,099 bitcoins during the month. This was up 6.6% from August.

Despite this growth, the September haul failed to return to the levels seen in July, though the sum fell just two bitcoins shy of July’s numbers.