Public Bitcoin miners ranked by quarterly operational hashrate, the truest measure of mining scale.
| Label | Value (EH/s) |
|---|---|
| BTDR | 80.9 EH/s |
| MARA | 57.4 EH/s |
| CLSK | 45 EH/s |
| RIOT | 37.2 EH/s |
| ABTC | 28.1 EH/s |
| CANG | 27.58 EH/s |
| HIVE | 24 EH/s |
| FUFU | 15.3 EH/s |
| Quarter | BTDR (EH/s) | MARA (EH/s) | CLSK (EH/s) | RIOT (EH/s) | ABTC (EH/s) | CANG (EH/s) | HIVE (EH/s) | FUFU (EH/s) |
|---|---|---|---|---|---|---|---|---|
| 2024Q3 | 8.1 | 36.9 | 27.6 | 16.7 | โ | โ | 5 | 26.2 |
| 2024Q4 | 8.5 | 53.2 | 39.1 | 25.3 | โ | 32 | 5.37 | 23.5 |
| 2025Q1 | 9.7 | 54.3 | 38 | 29.7 | โ | 30 | 5.9 | 20.6 |
| 2025Q2 | 14.2 | 57.4 | 42.6 | 31.7 | โ | 29.91 | 8.7 | 36.2 |
| 2025Q3 | 29.1 | 60.4 | 43.6 | 31.3 | โ | 43.15 | 16.2 | 36 |
| 2025Q4 | 47.4 | 66.4 | 47.1 | 34.2 | 21.9 | 44.61 | 22.9 | 26.1 |
| 2026Q1 | 69.5 | 58.5 | 44.41 | 36.4 | 28.1 | 37.01 | 24.5 | 25.9 |
| 2026Q2 | 80.9 | 57.4 | 45 | 37.2 | 28.1 | 27.58 | 24 | 15.3 |
| # | Company | Hashrate | QoQ % | YoY % | BTC Production | Treasury | Cash Cost / BTC | Efficiency | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Bitdeer Technologies(BTDR) | 80.9 EH/s | +16.4% | +469.7% | 2,694 | 150 | $40K | 15.8 J/TH | 2026Q23 |
| 2 | Marathon Digital Holdings(MARA) | 57.4 EH/s | -1.9% | 0.0% | 2,422 | 35,577 | $61K | 17.3 J/TH | 2026Q2 โ |
| 3 | CleanSpark(CLSK) | 45 EH/s | +1.3% | +5.6% | 1,925 | 13,924 | โ | 16.07 J/TH | 2026Q23 |
| 4 | Riot Platforms(RIOT) | 37.2 EH/s | +2.2% | +17.4% | 1,587 | 11,380 | $50K | โ | 2026Q22 |
| 5 | American Bitcoin(ABTC) | 28.1 EH/s | 0.0% | โ | 935 | 17,316 | โ | 16 J/TH | 2026Q2 โ |
| 6 | Cango Inc.(CANG) | 27.58 EH/s | -25.5% | -7.8% | 656 | 1,056 | $73K | โ | 2026Q22 |
| 7 | HIVE Digital Technologies(HIVE) | 24 EH/s | -2.0% | +175.9% | 1,004 | 190 | $51K | 16.1 J/TH | 2026Q2 โ |
| 8 | BitFuFu(FUFU) | 15.3 EH/s | -40.9% | -57.7% | 192 | 1,671 | $59K | 17.9 J/TH | 2026Q23 |
| 9 | Cipher Mining(CIFR) | 11.6 EH/s | 0.0% | -31.0% | 346 | 646 | $43K | 17.2 J/TH | 2026Q22 |
| 10 | Keel Infrastructure(KEEL) | 8.6 EH/s | โ | โ | 354 | 2,261 | $93K | 19 J/TH | 2026Q22 |
| 11 | TeraWulf(WULF) | 5.6 EH/s | -29.1% | -54.1% | 179 | 2 | $45K | 16.4 J/TH | 2026Q2 โ |
| 12 | Canaan(CAN) | 5.57 EH/s | -18.2% | -16.6% | 244 | 1,915 | โ | 23.7 J/TH | 2026Q22 |
| 13 | Soluna Holdings(SLNH) | 0.598 EH/s | -18.1% | -5.1% | 23.5 | 0 | $41K | 23 J/TH | 2026Q23 |
| 14 | Core Scientific(CORZ) | โ | โ | โ | โ | โ | โ | โ | โ |
Higher is better. Data sources: SEC filings, company announcements and investor materials. Snapshot built 2026-09-28.