Are we in the clear yet?
While Bitcoin miners suffered two consecutive, large difficulty increases during the month of January, the price of Bitcoin closed for the month 40% higher than December at $23,139 per coin. Hashprice, a measurement of revenue per hash
contributed to the Bitcoin network, also rose during the month, up 27% year-to-date.
A bit of position jostling for first place followed the cheery price action. Record monthly production totals for CleanSpark and Riot Platforms were reported, although not sufficient to knock Bitfarms off the top spot for January 2023. Hive Blockchain
and Iris Energy follwed Bitfarms to round out the top three, with notable performances from Bit Digital and CleanSpark.
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