Top Bitcoin miners produced nearly $800M of BTC in Q1 2025

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The largest publicly traded Bitcoin ( $101,848.00 ) mining companies produced nearly $800 million worth of Bitcoin ( $101,848.00 ) in the first quarter of 2025, reflecting continued growth across the sector as Bitcoin ( $101,848.00 ) prices held near record highs.

According to publicly available data compiled by Cointelegraph, the top Bitcoin ( $101,848.00 ) mining companies produced over 9,700 Bitcoin ( $101,848.00 ) (BTC) in the first quarter. With Bitcoin ( $101,848.00 ) trading at around $81,600 at the time of writing, the total production was valued at around $800 million.

Marathon Digital, the biggest Bitcoin ( $101,848.00 ) mining company by market capitalization, led the pack with 2,285 Bitcoin ( $101,848.00 ) (worth roughly $186 million) mined in Q1.

On April 3, Marathon announced that it produced 829 BTC in March, up 17.4% from February and 10.5% higher than January.

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Bitcoin ( $101,848.00 ) miners produce 9,746 BTC in Q1 2025

CleanSpark followed with 1,950 BTC mined in Q1, valued near $160 million. CleanSpark’s March performance also saw a 13.4% increase month-on-month.

Iren, formerly Iris Energy, produced the third-highest amount for the quarter. The mining firm reported a total of 1,513 BTC, worth almost $124 million.

Its 533 BTC produced in March was a 16.1% increase from its February performance. CompaniesMarketCap places Iren as the sixth-largest Bitcoin ( $101,848.00 ) miner by market capitalization.

Riot Blockchain, which ranks second only to Marathon Digital by market capitalization, had the fourth-largest BTC production during the quarter.

The company reported production of 1,428 BTC (about $117 million) during the quarter. Like Iren, Riot produced 533 BTC in March, a 13.4% increase from February.

*Top Bitcoin ( $101,848.00 ) miners by market cap. Source: CompaniesMarketCap*

Hut8 shows 91% growth in Bitcoin ( $101,848.00 ) production

Hut 8 Mining, despite producing the least amount of Bitcoin ( $101,848.00 ) among the top miners reviewed, showed the highest growth rate. The company mined 199 BTC in Q1 valued at about $16 million, including 88 BTC in March. That represents a 91% increase from the 46 BTC it produced in February.

On March 31, Hut8 partnered with US President Donald Trump’s sons, Donald Trump Jr. and Eric Trump, to launch a new mining venture called American Bitcoin ( $101,848.00 ) . The project aims to be the “world’s largest, most efficient pure-play Bitcoin ( $101,848.00 ) miner.”

In a previous Cointelegraph interview, Hut 8 CEO Asher Genoot said the company aims to dominate US Bitcoin ( $101,848.00 ) mining. Genoot said the company plans to build one of the largest and most efficient Bitcoin ( $101,848.00 ) mining platforms rooted in American soil.