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Bitcoin Mining Companies Ranked by Monthly BTC Production
As of Jul 21, 2026, public miners disclosed 13,230 BTC mined in Q1 2026. So far in Q2 2026, 9 companies have reported 7,139 BTC. This page ranks 26 publicly traded Bitcoin miners by monthly BTC output, with data sourced from company press releases, SEC filings, and monthly production updates.
Tip: click any KPI below to chart its history, or select multiple to compare them.
BTC Mined per Quarter
Bitcoin Production Table
Learn more about Bitcoin Production and our calculations.
1Indicates self-mining production.
2Indicates a monthly average for companies that disclose production over a longer period (quarterly or multi-month). Hover the footnote on a production figure to see the exact period the average covers.
Production FAQ
Which Bitcoin Miner Produces the Most BTC?
The current top public Bitcoin miners by monthly BTC production are Bitdeer Technologies Group (990 BTC) , MARA Holdings, Inc. (761 BTC) , CleanSpark, Inc. (614 BTC) , Riot Platforms, Inc. (491 BTC) , and IREN Limited (483 BTC) . Rankings update as companies publish new production figures through press releases and SEC filings. Use the table above to compare output across all publicly traded Bitcoin miners, and see our Bitcoin treasury holdings tracker for how much BTC each miner holds on their balance sheet.
How Does the Bitcoin Halving Affect Miner Production?
The Bitcoin halving cuts the block reward miners receive by 50%, directly reducing BTC production for the same amount of hash rate. After the April 2024 halving, the reward dropped from 6.25 BTC to 3.125 BTC per block. To maintain pre-halving production levels, miners must increase their deployed hash rate or improve operational efficiency. The YoY % column on this page shows how each miner's output has changed since the halving.
What Is a Good BTC/EH/s Efficiency Ratio?
BTC/EH/s measures how much Bitcoin a miner produces per exahash of computational power. A higher ratio indicates more efficient mining. The theoretical maximum depends on network difficulty and the block reward, so "good" is relative. Compare a company's BTC/EH/s to peers in the table above. Miners with newer-generation hardware and lower-cost energy tend to achieve higher efficiency ratios.
How Public Bitcoin Miners Report Production
Bitcoin production refers to the number of Bitcoin minted by miners during a month. We only consider the numbers from direct production and exclude Bitcoin equivalent credits/revenue from power curtailment programs.
Historical BTC Production Data by Mining Company
Historical Bitcoin production data is available for each month, and users can select individual miners to access their complete production records. All key figures are plotted on charts to help you visualize output trends over time and compare performance between miners.
Percentage (%) Change Calculation Method
Most publicly traded Bitcoin mining companies disclose their Bitcoin production as a total figure, which includes coins minted for hosting services for their clients. We use this total number for percentage change calculations.
However, some miners, including Core Scientific, TeraWulf, Bitdeer, Hut 8, and Soluna, only report their mining production from self-mining operations. For these miners, the self-mining production number is used for the percentage change calculation. Notes are added where applicable.
Bitcoin per Exahash per Second Calculation Method
We calculate Bitcoin per Exahash per Second (BTC/EH/s) by taking a company's value for Bitcoin Production and dividing it by their Operating Hash Rate. For companies who do not provide their Operating Hash Rate, we substitute this with their Installed Hash Rate.
How Quarterly Production Totals Are Aggregated
Each disclosure is mapped to the calendar months it covers. Monthly reporters contribute one month per disclosure, while quarterly and multi-month reporters contribute their monthly average to each covered month. A quarter's total is therefore each company's monthly average multiplied by the months it covered, so quarterly and monthly reporters aggregate like-for-like.
When Is a Quarter Considered Complete?
A quarter is marked complete once the companies that have reported it accounted for at least 85% of the prior quarter's production, weighted by month. Until then it is treated as in progress, so a quarter never reads artificially low just because larger miners have not published yet.
How Is the Quarter-over-Quarter Change Calculated?
The QoQ change on the BTC Mined card is like-for-like: it compares only the companies that reported in both quarters, with the prior quarter normalized to the same covered months. Changes in which companies report therefore do not show up as production swings.
How the In-Progress Quarter Estimate Works
The in-progress estimate combines BTC already reported with a modelled fill for miners that are active but have not reported yet. For each silent miner and month, the model applies the miner's efficiency multiplied by its share of network hash rate and the network's BTC issuance for that month, with efficiency calibrated on the miner's trailing 12 reported months. No estimate is shown while reported coverage is below 25%, and miners silent for more than 6 months are excluded from the estimate entirely.
Why Avg BTC/EH/s and Share of Network Only Show Complete Quarters
Both ratios divide the tracked sector's production by a full-sector denominator (fleet hash rate or network issuance). While a quarter is only partially reported, the numerator covers part of the cohort but the denominator covers all of it, which would understate the ratio, so these metrics stay blank until the quarter is complete.
Data Source
Companies' press releases and SEC filings.