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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
Marathon Q2 Bitcoin production down 44% as fleet remains crippled
8.7.2022
Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online
Marathon Digital Continues to Hodl All Bitcoin, but Hints at Strategy Change
8.7.2022
Marathon bought $150 million of bitcoin with a NYDIG fund in January of 2021
Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue
6.7.2022
The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy
75% of Marathon's mining fleet still offline two weeks after huge storm
29.6.2022
Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin
Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm
28.6.2022
The miner had about 30,000 miners in the Montana facility, representing over 75% of the company’s active fleet
Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines
23.6.2022
Riot Blockchain is the best-positioned miner amidst the current market volatility, B. Riley said in a new report
Marathon Digital keeps on mining despite BTC price slump
20.6.2022
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC
Marathon Digital Bitcoin Production Weaker Than Hoped in May
9.6.2022
Marathon experienced some operational headwinds during May which hurt Bitcoin production
Not bothered: Miners ‘not impacted by volatility’ in Bitcoin market
12.5.2022
In the face of extreme fear in the Bitcoin market, miners are unfazed and may even welcome a downturn as it opens up the opportunity to gain more hash power
Marathon Digital May Start to Sell Some of Its Bitcoins
5.5.2022
The miner said any sale would not be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year
Marathon Digital Beats Q1 Sales, EBITDA Estimates
4.5.2022
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue
4.5.2022
Marathon mined 299 bitcoins in April, a near 31% dip from the previous month, citing weather and maintenance issues
Marathon Kicks Off Bitcoin Miners’ Earnings With Focus on Rig Deployment, Funding
2.5.2022
The miner will report its first quarter earnings on Wednesday, followed by its first-ever conference call with analysts and investors