Marathon Digital grew its hash charge by 4% in December and mined extra bitcoin than it has in any single month prior.

The Florida-based agency mined 1,853 bitcoin (BTC) final month, up from 1,187 BTC in November. It opted to promote 704 bitcoins — roughly 38% of the December manufacturing — to cowl working bills.

“We imagine this to be the very best month-to-month whole ever recorded by a public bitcoin mining firm,” Marathon stated in a Thursday information launch.

BlocksBridge Consulting founder Nishant Sharma informed Blockworks Marathon’s December bitcoin manufacturing surpasses a public miner file beforehand held by Core Scientific: 1,527 BTC, generated in January 2023.

The overall considerably surpasses the variety of bitcoins produced by opponents CleanSpark and Riot Platforms, which in December mined 720 BTC and 619 BTC, respectively.

Core Scientific, which mined 954 BTC in November, had not launched its December manufacturing numbers as of Thursday morning.

The feat comes as Marathon, and trade firms proceed to prioritize progress forward of the following bitcoin halving slated for April — when per-block BTC rewards drop from 6.25 BTC to three.125 BTC.

Learn extra: Crypto miners maintain busy forward of halving with accelerated machine buys

Marathon Digital upped its energized hash charge to 24.7 exahashes per second (EH/s) in December. Core Scientific has been second in that class amongst public mining companies, sporting an energized hash charge of 21.6 EH/s as of Nov. 30.

Past rising hash charge, Marathon has expanded to different elements of the world, akin to Abu Dhabi and Paraguay, as a part of a broader effort to cut back prices.