The two largest mining companies in the US mined over 1100 BTC in August, showing growth compared to last year despite the increase in network difficulty

Riot and CleanSpark recorded growth in Bitcoin mining in August

04.09.2025 - 09:30

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4 min

Key points:

  • Riot and CleanSpark mined 1134 BTC in August 2025.
  • Mining difficulty increased by 44,9% over the year.
  • The companies’ hashrate increased by more than 100%.

Riot Platforms and CleanSpark reported record results for August. Bitcoin mining increased by more than a third compared to last year, despite the growing difficulty of the network.

Riot mined 477 BTC, which is 48% more than in August 2024. The company sold 450 BTC, receiving $51,8 million. Riot has 19 309 BTC left on its balance sheet, which is 92,7% more than a year earlier.

CleanSpark showed even stronger results: 657 BTC per month, a 37,5% increase year-on-year. The sale of 533,5 BTC brought in $60,7 million. The company has 12 827 BTC in its accounts, which is 69,7% more than in August 2024.

Mining output and miner performance in August 2025

Company

BTC mined

BTC sold

Revenue

BTC balance

Hashrate August 2025

Hashrate August 2024

Annual growth

Riot

477

450

$51,8 million

19 309

31,4 EH/s

14,5 EH/s

+116,6

CleanSpark

657

530,5

$60,7 million

12 827

43,3 EH/s

21,3

+103,3

Mining in conditions of high difficulty

The bitcoin mining difficulty continues to grow, forcing companies to upgrade their equipment and scale up their data centers.

Riot CEO Jason Less noted:

“This production is an all-time high for Riot in August and represents a 48% increase relative to August 2024. We were able to achieve strong production results while still realizing a low all-in cost of power of 2.6c/kWh for the month.”

CleanSpark Chief Technology Officer Taylor Monning added:

“I am proud of the work our operations and technology teams accomplished in August as they successfully managed through the summer heat, raising our average operating hashrate month over month. We will continue optimizing our sites ahead of cooler weather and the upcoming miner deployments later this year.”

Context: the mining market

According to CoinWarz, in August 2025, the indicator reached 129,7 T, which is 44,9% higher than in August 2024.

Source: coinwarz.com

Analysts at TheMinerMag previously noted that in June, the network’s average hashrate reached 913,5 EH/s — just 10% less than the symbolic 1 ZH/s mark, which was first surpassed in April 2025.

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