Marathon Mined 462 Bitcoin In January, Holds 8,595 BTC

Marathon Mined 462 Bitcoin In January, Holds 8,595 BTC

The public miner’s production last month was down about 4% from the month prior as Marathon’s operations fluctuated.Public bitcoin miner Marathon Digital Holdings scooped over 462.1 new bitcoin in January, down from 484.5 BTC mined in the previous month as it faced a double-digit increase in Bitcoin’s hashrate and operational fluctuations in its Hardin, Montana, facility, the company said in a Friday statement. The miner now holds approximately 8,595 BTC with a fair market value of approximately $330.6 million.Year-over-year, however, Marathon’s production increased by about 816%, a result....


Related News

U.S. Mining Company Marathon Now Holds 8,133 BTC. And They’re Not Selling It

In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it any time soon. This is particularly interesting considering the company bought “a record number” of S19s in December. Reportedly, they got a giant loan using Bitcoin as collateral. An operation we’ll see a lot more in the near future throughout the industry.  The report quotes Fred Thiel, Marathon’s CEO, in a celebratory mode. “2021 was a transformative year for Marathon as we increased our hash rate 1,790% and increased our bitcoin....

Marathon Mined 47% Less Bitcoin Than Expected In May

Marathon has revealed that the mining company has produced 47% less Bitcoin than expected during this past month of May. Marathon’s Bitcoin Mining Production Took A Hit Due To Power Issues Last Month Marathon Digital Holdings yesterday released in a press release its BTC mining updates for the month of May 2022. During this month, […]

Marathon Digital stock soars after company ramps up BTC mining in Q1

The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC. Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC) by a considerable margin. MARA stock jumped 15.8% to close at $56.56, marking a new all-time high. The crypto mining stock rose by as much as 17.1% earlier in the day. Marathon Digital's share price closes at a new all-time high. Source: TradingViewBy comparison, the technology-focused Nasdaq....

Marathon Mines Bitcoin Block That’s Verified As Compliant With U.S. Regulations

Marathon has mined a Bitcoin block deemed fully compliant with U.S. regulations, effectively censoring transactions in the process.

Bitcoin Miner Marathon Digital Eyes 199,000 Miners, Holds over 9,000 BTC

Marathon Digital Holdings announced its April 2022 mining production updates noting over 9,000 BTC held in reserves and plans for a total mining fleet of 199,000.