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Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO
9.11.2022
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
8.11.2022
The miner is targeting 9 EH/s for the end of the year, but maintains it will reach 23 EH/s by the middle of 2023
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
2.11.2022
Marathon increased its hashrate by 84% in October
Marathon reports $80M exposure to bankrupt mining firm
7.10.2022
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3
Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North
6.10.2022
The miner also has about $50 million in security deposits and prepayment to Compute North, for hosting Marathon’s bitcoin miners
BlackRock’s newest ETF invests in 35 blockchain-related companies
30.9.2022
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
23.9.2022
Compute North is Marathon Digital’s primary mining hosting provider
Marathon Digital Energized 25,000 Miners in August, Produced 184 Bitcoins
6.9.2022
The company had previously faced issues of mining rigs installed, but with no energy service
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
28.8.2022
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North...
Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
23.8.2022
Marathon is relying on hosting firms to reach 23.3 EH/s by mid-2023
Hummus x the Metis Marathon, It’s Official Now!
18.8.2022
Hummus has joined the Metis Marathon, a builder incentive program that is scheduled to conclude after 26 weeks. The objective is to accelerate the growth of the DeFi ecosystem of Metis. It is a part of a collaborative effort of both parties that is headed towards the direction of bringing stable...
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
10.8.2022
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a...
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY
9.8.2022
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having increased its production by 8% when compared to Q2 2021, it recorded an impairment of $127.6...
Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
8.8.2022
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings
Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle
2.8.2022
The firm doubled its credit from the bank, while the miner's operations are facing severe downtime and delays
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day
29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...
Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals
19.7.2022
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3...
Marathon inks new arrangements to achieve 2023 hash rate target
19.7.2022
The Bitcoin mining firm is looking beyond its current troubles into next year to secure the energy it needs to make up a more significant portion of the network’s hash rate
Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View
18.7.2022
The company secured about 254MW of new hosting contracts, with an option to increase to 324MW