Nonce Bitcoin Mining Company Data & Analytics

Nonce Bitcoin mining data hub: track 17 publicly listed Bitcoin mining companies. Compare BTC production, treasury, hashrate, power capacity, fleet efficiency and unit costs from SEC filings and company disclosures.

Industry snapshot · as of 2026Q2

All companies →
Total BTC Production
12,861.5
14 companies
Total Treasury
86,936
14 companies
BTC Price vs Miner Cost
Live
$81,399
Cost $54K · +51.3% profit
Weighted Cash Cost / BTC
$54K
2026Q2

Company Rankings · 2026Q2

2026Q2
#CompanySource
1Bitdeer Technologies(BTDR)2,694+32.4%+376.8%15080.9 EH/s$0.044$40K$36K1,795 MW15.8 J/TH2026Q23
2Marathon Digital Holdings(MARA)2,422+7.8%+2.7%35,57757.4 EH/s$0.040$61K$39K1,900 MW17.3 J/TH2026Q2 ↗
3CleanSpark(CLSK)1,925+7.0%-4.3%13,92445 EH/s———808 MW16.07 J/TH2026Q23
4Riot Platforms(RIOT)1,587+7.7%+11.3%11,38037.2 EH/s$0.036$50K$40K1,292 MW—2026Q22
5HIVE Digital Technologies(HIVE)1,004+14.6%+147.3%19024 EH/s$0.054$51K$46K440 MW16.1 J/TH2026Q2 ↗
6American Bitcoin(ABTC)935+14.4%—17,31628.1 EH/s———710 MW16 J/TH2026Q2 ↗
7Cango Inc.(CANG)656—-53.3%1,05627.58 EH/s—$73K—50 MW—2026Q22
8Keel Infrastructure(KEEL)354-8.8%—2,2618.6 EH/s$0.054$93K$54K341 MW19 J/TH2026Q22
9Cipher Mining(CIFR)346-23.3%-32.0%64611.6 EH/s$0.028$43K$37K207 MW17.2 J/TH2026Q22
10Core Scientific(CORZ)300-24.1%-52.7%848——$79K$60K300 MW—2026Q23
11Canaan(CAN)244-5.4%-14.1%1,9155.57 EH/s$0.043——246.2 MW23.7 J/TH2026Q22
12BitFuFu(FUFU)192+52.4%+34.3%1,67115.3 EH/s—$59K—273 MW17.9 J/TH2026Q23
13TeraWulf(WULF)179+6.5%-63.1%25.6 EH/s$0.049$45K$44K145 MW16.4 J/TH2026Q2 ↗
14Soluna Holdings(SLNH)23.5-17.3%-17.8%00.598 EH/s—$41K—192 MW23 J/TH2026Q23

Visual comparison · 2026Q2

BTC Production · 2026Q2

LabelValue
BTDR2,694
MARA2,422
CLSK1,925
RIOT1,587
HIVE1,004
ABTC935
CANG656
KEEL354

Hashrate (EH/s) · 2026Q2

LabelValue (EH/s)
BTDR80.9 EH/s
MARA57.4 EH/s
CLSK45 EH/s
RIOT37.2 EH/s
ABTC28.1 EH/s
CANG27.58 EH/s
HIVE24 EH/s
FUFU15.3 EH/s

Treasury · 2026Q2

LabelValue
MARA35,577
ABTC17,316
CLSK13,924
RIOT11,380
KEEL2,261
CAN1,915
FUFU1,671
CANG1,056

Cash Cost / BTC · 2026Q2

LabelValue
BTDR$39,866
SLNH$40,766
CIFR$43,486
WULF$44,547
RIOT$49,912
HIVE$50,797
FUFU$59,000
MARA$60,743

Frequently Asked Questions

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Why can cost per bitcoin and electricity price be negative?

A negative value does not mean mining is free — it means the company reports on a net basis: subsidies, demand response revenue, curtailment compensation, or power resale revenue can exceed actual electricity cost in a period, making the net electricity price or energy cost per bitcoin go below zero.

What is the difference between energy cost per bitcoin and cash cost per bitcoin?

Energy cost per bitcoin covers electricity / energy only. Cash cost per bitcoin is broader: site operations, hosting fees, maintenance, mining pool fees, on-site labor, insurance, and other direct cash outflows. Cash cost is typically higher.

What does average operating hashrate mean? Why is it preferred for comparison?

Average operating hashrate is the hashrate that actually runs and produces BTC over a period. It differs from deployed / installed hashrate — those do not guarantee full-quarter uptime. Since BTC production and electricity consumption come from actual operations, average operating hashrate aligns best for cross-company comparison.

Why may the same metric differ across data websites?

Disclosure has multiple methodologies; common differences:

  1. Quarter basis: calendar vs fiscal
  2. Hashrate methodology: average operating vs period-end vs deployed
  3. Cost methodology: electricity-only vs electricity + hosting vs disclosed "average mining cost"
  4. Power credits: subsidies / curtailment / resale revenue may or may not be deducted
  5. Non-cash items: depreciation / impairment / SBC / BTC fair value changes
  6. Source priority: filings vs monthly production updates vs investor decks

Different numbers usually mean different methodology, not an error.

Why can methodology differ across years for the same company / metric?

Business structure and disclosure practices evolve:

  1. Business model: hosted ↔ self-mining / cloud / data center
  2. Mining assets: M&A, JVs, relocations, expansions, shutdowns
  3. Disclosure habits: one year average operating hashrate, another deployed only
  4. Cost classification: electricity / hosting / maintenance / depreciation presentation
  5. Industry environment: halvings, power restrictions, accounting standards
  6. Restatements: annual reports or later quarters revising earlier metrics

We track both the number and its source / methodology.

Data snapshot built 2026-10-23