Public miners increased Bitcoin production, hash rate in January

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Public miners increased Bitcoin production, hash rate in January
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Better weather conditions in January and stable electricity prices helped miners boost production, reveals a new report from Hashrate Index.

a steady increase in hash rate and a surge in BTC production compared to the previous month, according to a new analysis from Hashrate Index.

Marathon and Cipher have seen significant increases in Bitcoin production, reaching 687 and 343 Bitcoins generated, respectively, compared to 475 and 225 in December.According to Bitcoin mining analyst Jaran Mellerud, better weather conditions in January and stable electricity prices helped miners boost production."In December, a winter storm swept the North American continent and led to surging electricity prices that periodically forced many of these companies to curtail operations.

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