Multiple Bitcoin mining companies saw a decrease in mining output in June due to the launch of a power management plan in Texas

On July 4th, according to Cointelegraph, multiple Bitcoin mining companies reported a decrease in Bitcoin production in June, mainly due to power restrictions in Texas. The Texas Electric Reliability Commission has launched the 4CP (Four Coincident Peak) program to optimize power distribution and reduce system costs by managing peak demand on the grid during the four critical months of summer (June, July, August, and September). Riot Platforms mined 450 bitcoins in June, a decrease of 12% from 514 in May. Riot sold 397 BTC in June, earning $41.7 million, and currently holds 19273 bitcoins. Cipher Mining mined 160 bitcoins in June, sold 58 of them, and held 1063 bitcoins. MARA Holdings' production decreased by 25% in June, with mining yielding 211 bitcoins, down from 282 in May. As of the end of June, MARA held 49940 bitcoins and did not sell any bitcoins during the month. At the same time, CleanSpark's Bitcoin production increased by 6.7% in June, exceeding its mid year computing power target of 20 EH/s. CleanSpark generated 445 bitcoins through mining, but only sold 8. As of the end of the month, it held 6591 bitcoins.