In the first quarter of this year, the largest public mining companies mined more than 9,700 bitcoins worth about $800 million.

The leader of the sector was the miner Marathon Digital. In the first three months of 2025, the largest company by market capitalization mined 2,285 BTC worth almost $186 million. On April 3, Marathon announced that 829 BTC were mined in March. This is 17.4% more than in February and 10.5% more than in January.

In Q1, CleanSpark mined 1,950 BTC worth about $160 million. In March, the organization's performance increased by 13.4% compared to the previous month.

Iren (formerly Iris Energy) was the third-largest miner for the quarter. The miner reported mining 1,513 BTC worth nearly $124 million. Iren mined 533 BTC in March, up 16.1% from February.

Riot Blockchain, which is second only to Marathon Digital in market cap, mined 1,428 BTC (around $117 million) in the quarter. Like Iren, Riot mined 533 BTC in March, up 13.4% from February.

Hut 8 showed the highest growth rate. The company mined 199 BTC worth about $16 million, including 88 coins in March. This is 91% more than the 46 BTC mined in February.