Bitcoin miners have shown mixed results in September as the industry adapts to market fluctuations. While Hut 8 and Irish Energy are expanding, efficiency levels vary. Companies are integrating AI and high-performance computing into mining operations. Hut 8 aims for 20 exahashes per second by 2025, while Iris targets 31 EH/s by Q4 2024. Bitfarms' September earnings decreased due to network difficulty but met efficiency goals early. They also boosted operational capacity and BTC holdings. Hut 8 saw a slight hashrate increase but lower BTC production. In contrast, Iris significantly raised BTC output by 42% with expanded mining capacity. CleanSpark reported a 187% hashrate growth in the past year, reaching 27.6 EH/s in September 2024 through strategic expansions. CEO Zach Bradford credited this success to new state diversification and data center expansions. Read more AI-generated news on: https://app.chaingpt.org/news

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