Important Insights:

• U.S.-listed bitcoin miners made up 25.3% of the global mining network in December.
• Jefferies adjusted its price target for MARA Holdings to $20 from $24 while keeping its hold rating on shares.
• Mining profitability increased substantially last month due to a 15% rise in the average bitcoin price, surpassing a 6.5% rise in network hashrate.

Key Metrics:

• Average daily revenue per exahash reached $59,585, showing a 7.1% increase from November.
• In December, U.S.-listed mining entities produced 3,602 bitcoins, up from 3,404 in the previous month. MARA led the production with 890 bitcoins, followed by CleanSpark with 668.
• Among U.S. mining companies, MARA holds the highest hashrate at 53.2 EH/s.

For further details, you can read about the Bitcoin Mining Profitability Rise in December.