Investment Bank Jefferies: Publicly Listed Bitcoin Miners Saw Nearly 20% Increase in Mining Profits in May, MARA Leads in Production

According to a report by Jinse Finance, data released by investment bank Jefferies shows that the mining profitability of publicly listed Bitcoin mining companies increased by nearly 20% in May. MARA had the highest output with 950 BTC, followed by CleanSpark, which produced 694 BTC. Last month, North American mining companies accounted for approximately 26.3% of the entire mining network, up from 24.1% in April. In May, publicly listed Bitcoin mining companies in the United States mined a total of 3,754 BTC, compared to 3,278 BTC in April.