Tag: marathon

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Marathon inks new arrangements to achieve 2023 hash rate target

Marathon inks new arrangements to achieve 2023 hash rate target

Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per [...]
Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

Marathon has also signed additional deals with its existing partner Compute North to include 42MW of hosting capacity at Compute North’s facility near [...]
Marathon Q2 Bitcoin production down 44% as fleet remains crippled

Marathon Q2 Bitcoin production down 44% as fleet remains crippled

Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in bitcoin production over the second quarter of 2022, with J [...]
Marathon Digital Continues to Hodl All Bitcoin, but Hints at Strategy Change

Marathon Digital Continues to Hodl All Bitcoin, but Hints at Strategy Change

Marathon bought $150 million of bitcoin with a NYDIG fund in January of 2021. www.coindesk.com [...]
Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm

Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm

Bitcoin miner Marathon Digital (MARA) said its miners in Hardin, Montana are currently without power due to a storm that passed through the region on [...]
Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines

Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines

For second quarter estimates, the broker forecasts BTC to average approximately $32,522, which is based on an average quarter-to-date price of $33,805 [...]
Marathon Digital keeps on mining despite BTC price slump

Marathon Digital keeps on mining despite BTC price slump

Despite data showing that the Bitcoin (BTC) price may have fallen to the point of being unprofitable for the average miner, Marathon Digital Holdings [...]
Marathon Digital Bitcoin Production Weaker Than Hoped in May

Marathon Digital Bitcoin Production Weaker Than Hoped in May

Marathon was originally informed by host Compute North that energization of its miners at its West Texas facility would begin in April. That was then [...]
Marathon Digital May Start to Sell Some of Its Bitcoins

Marathon Digital May Start to Sell Some of Its Bitcoins

The miner said on Wednesday, during its earnings results, that its cash on hand was $118.5 million as of March 31, while total liquidity, defined as c [...]
Marathon Digital Beats Q1 Sales, EBITDA Estimates

Marathon Digital Beats Q1 Sales, EBITDA Estimates

Marathon Digital (MARA), one of the largest publicly traded bitcoin mining companies, reported first quarter sales of $51.7 million, rising 465% from [...]
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue

Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue

About 4,200 Marathon miners were successfully installed in containers at one of Compute North’s new facilities in Texas, the company said in a stateme [...]
Marathon Kicks Off Bitcoin Miners’ Earnings With Focus on Rig Deployment, Funding

Marathon Kicks Off Bitcoin Miners’ Earnings With Focus on Rig Deployment, Funding

For its part, Jefferies’ Petersen is looking for updates on how the company plans to relocate its mining machines away from a site in Hardin, Mont. th [...]
Chipotle, PG&E, Marathon Oil and CarMax

Chipotle, PG&E, Marathon Oil and CarMax

A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021.David Paul Morris | Bloo [...]
Chipotle, PG&E, Marathon Oil and CarMax

Chipotle, PG&E, Marathon Oil and CarMax

A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021.David Paul Morris | Bloo [...]
Marathon Digital moves Montana BTC mine to pursue carbon neutrality

Marathon Digital moves Montana BTC mine to pursue carbon neutrality

Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to us [...]
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