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Which Bitcoin Mining Stock Is a Better Buy: Riot or Marathon?

TheMotleyFool

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Which Bitcoin Mining Stock Is a Better Buy: Riot or Marathon?: https://g.foolcdn.com/editorial/images/746581/data-center-engineer-using-laptop-computer-crypto-mining.jpg

Competition in the Bitcoin mining sector is intense, with Riot Platforms (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) emerging as the top contenders. While both are currently positioned at the forefront, there are numerous industry-specific factors that can help investors understand why one company is the actual Bitcoin (CRYPTO: BTC) mining leader.

Image source: Getty Images.

While Marathon finished sixth in total Bitcoin mining production last year, 2023 is a different story. Currently ranked second, Marathon has mined just over 6,300 Bitcoins this year and led all miners with nearly 1,200 Bitcoins mined in July alone.

Source Fool.com

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