Mara Holdings, one of the largest publicly traded Bitcoin mining companies in the United States, reported a significant increase in BTC production in May 2025 despite increased mining difficulty.
Bitcoin Production in May
In May 2025, Mara produced 950 Bitcoin, marking a 35% month-over-month increase. The company reported this in its production update published on June 3.
Record Number of Blocks Earned
The company also set a record by earning 282 blocks last month, a 38% increase from April. CEO Fred Thiel noted that May’s production was the highest since the halving event in April 2024.
Rising Hashrate and Mining Difficulty
Despite challenges in mining, Bitcoin's hashrate topped 942 exahashes per second on May 31, reaching a record high. Additionally, on May 30, the BTC mining difficulty rate surged past 126 trillion.
Mara Holdings demonstrates significant growth in Bitcoin production, maintaining competitiveness amidst increasing mining difficulty and rising hashrate.
