Bit Digital and Iris Energy have both seen a decline in Bitcoin production over the past three months

Bit Digital and Iris Energy have announced their Bitcoin (BTC) mining data for the past three months. Despite an increase in computing power, the output of Bitcoin from both companies has been declining since April.

The data shows that Bit Digital mined 119.3 BTC in April, 63.3 BTC in May, and 61.7 BTC in June. Meanwhile, Iris Energy's output during the same period was 358 BTC, 230 BTC, and 233 BTC respectively.

In addition, Argo Blockchain mined 99 BTC in April, 45 BTC in May and 44 BTC in June.