Bitcoin Miners CleanSpark, BitFuFu, Canaan See Production Drop in June Despite 10% Difficulty Decline

According to The Block, major listed bitcoin miners saw production declines in June despite a network mining difficulty adjustment that dropped over 10% during the month.

CleanSpark produced 614 BTC in June, down 9% from 671 BTC in May, with average operating hashrate declining from 46 EH/s to about 43 EH/s. BitFuFu's output fell 29% to 125 BTC from 177 BTC, as total hashrate dropped from 19.5 EH/s to 15 EH/s, mainly due to reduced hosting capacity. Canaan's production similarly declined about 29%, partly due to power grid maintenance at mining facilities, though its bitcoin reserves reached a record 1,915 BTC.