In a significant shift within the bitcoin mining landscape, Bitdeer has now surpassed MARA to claim the top position when measured by managed hashrate. This metric represents a critical indicator of computational power allocation across the mining sector. The change reflects evolving competitive dynamics in an industry increasingly shaped by infrastructure scaling and operational efficiency. For investors and miners tracking the sector's consolidation patterns, this development highlights the ongoing competition among major players vying for hashrate dominance. As network difficulty continues to adjust, the concentration of mining power remains a focal point for those monitoring bitcoin's decentralization and market structure.