Listed miners’ production falls 8.9%… 10 firms, Jan. 1–Oct. 19 vs. same period last year
Original headline상장 채굴사 생산량 8.9% 감소…10곳, 1월 1일~10월 19일 전년 동기 대비
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Combined bitcoin production at ten publicly listed miners fell 8.9% year-over-year from January 1 to October 19, according to an October 22 CryptoQuant report, though the decline masks a sharp divergence: five companies cut output 47% to 7,075 BTC (from 13,263 BTC a year earlier), while the other five increased production 16%. IREN, Core Scientific (CORZ), Bitfarms (BITF), TeraWulf (WULF), and Cipher Mining (CIFR) drove the drop, with IREN, Core Scientific, and TeraWulf converting some facilities to AI data centers and Bitfarms halting US mining in June. MARA Holdings (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), and Hive remained among the growers, reflecting a strategic split between miners pivoting toward AI/high-performance computing and those doubling down on bitcoin mining. The trend matters because it signals a structural shift in the listed mining sector, with capacity migrating from BTC hash power to AI infrastructure. Watch for further facility conversion announcements and whether the production gap between the two camps widens through year-end.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
IREN, Core Scientific, TeraWulf, Bitfarms, Cipher Mining, MARA Holdings (MARA), Riot Platforms (RIOT), CleanSpark
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