Price-to-Hash Ratio of Public Bitcoin Mining Companies

Unit: U.S dollars per TH/s in realized hashrate

Enterprise value has been adjusted for mining segment using a fair share revenue approach

Chart: TheMinerMag • Source: Yahoo Finance, SEC Filings, TheMinerMag
TheMinerMag

Monthly Summary of Public Bitcoin Mining Companies

Unit: Number of BTC

Aggregating data from 16 public companies with bitcoin self-mining business

Chart: TheMinerMag • Source: SEC Filings
TheMinerMag

Bitcoin Mining Companies April 2024 Recap

Unit: Number of BTC

 

Chart: TheMinerMag • Source: Public Filings
TheMinerMag

Realized Hashrate of Bitcoin Mining Companies

Unit: EH/s

Realized hashrate derives from one's production of bitcoin and bitcoin equivalent from proprietary hashrate

Chart: TheMinerMag • Source: SEC Filings; TheMinerMag
TheMinerMag

Implied Total Hashcost from Proprietary Hashrate of Mining Companies

Unit: $US/PH/s

Total hashcost includes fleet hashcost as well as corporate and financial hashcosts.

Chart: TheMinerMag • Source: SEC Filings, TheMinerMag
TheMinerMag

Implied Fleet Hashcost from Proprietary Hashrate of Mining Companies

Unit: $US/PH/s

Excludes depreciation; includes BTC equivalent generated from proprietary hashrate activities besides self-mining.

Chart: TheMinerMag • Source: SEC Filings, TheMinerMag
TheMinerMag

Implied All-in Cost of Mining from Proprietary Hashrate

Unit: U.S dollars in thousands per BTC

All-in mining costs include the cost of bitcoin production as well as corporate overhead and financial expenses

Chart: TheMinerMag • Source: SEC Filings; TheMinerMag
TheMinerMag

Implied Cost of Bitcoin Production from Proprietary Hashrate

Unit: U.S dollars per BTC mined

Excludes depreciation; includes BTC equivalent generated from proprietary hashrate activities besides self-mining.

Chart: TheMinerMag • Source: SEC Filings; TheMinerMag
TheMinerMag

Bitcoin Mining Daily Production Benchmarks

The amount of BTC that one EH/s of operating hashrate should produce each day in a month

 

Chart: TheMinerMag • Source: BTC.com; TheMinerMag
TheMinerMag

Bitcoin Mining Daily Hashcost by Equipment

Unit: U.S dollars per PH/s

 

Chart: TheMinerMag • Source: F2Pool; TheMinerMag
TheMinerMag

Bitcoin Hashrate Realization Rate by Companies

To what extent a mining operation has turned its installed proprietary hashrate into effective BTC and BTC equivalent production

 

Chart: TheMinerMag • Source: SEC Filings
TheMinerMag

Market Share of Bitcoin Mining Companies

Based on the share of a company's BTC production over bitcoin's total block rewards in a month

 

Chart: TheMinerMag • Source: SEC Filings
TheMinerMag

Equity Financing by Individual Mining Companies

Unit: U.S dollars in millions

 

Chart: TheMinerMag • Source: SEC Filings; TheMinerMag
TheMinerMag

Consolidated Cash Flow Activities of Public Mining Companies

Unit: U.S dollars in millions

Includes data from 17 public mining operations where applicable

Chart: TheMinerMag • Source: SEC Filings; TheMinerMag
TheMinerMag

Market Share of Top 10 Bitcoin Mining Pools

By Monthly Total Blocks Mined

 

Chart: TheMinerMag • Source: BTC.com
TheMinerMag

2023 Top Bitcoin Production, Liquidation and Holdings

Unit: Number of Bitcoin

 

Chart: TheMinerMag • Source: Public Filings
TheMinerMag