Riot Platforms reported mining 527 bitcoin in January, the highest output since December 2023, marking a 2% increase from the previous month. In contrast, most other major mining firms experienced declines in production due to rising bitcoin network difficulty. Among those reporting weaker figures, MARA Holdings saw a 13% drop, while Cleanspark reported a 6% decrease with 626 BTC mined. Riot's CEO, Jason Les, noted that January's output was the second consecutive month of increased production despite the challenges. The upcoming network difficulty adjustment is expected on February 9, set to exceed the current all-time high, further complicating mining conditions. Overall, bitcoin's price has risen 4% year-to-date, with Cipher Mining showing the strongest performance among miners, up 27%.

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