Bitcoin

<p><a href="https://ultramining.com/news/en/marathon-digital-to-boost-energy-efficiency-with-s19-xp-miners/" rel="noopener noreferrer nofollow">Marathon</a> Digital Holdings has announced a significant 17% increase in its Bitcoin <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">production</a> for July, with the company mining a total of 692 BTC, up from the previous month's output. This surge in production highlights Marathon's ongoing efforts to expand its presence in the cryptocurrency mining sector. Additionally, the company reported a 5% rise in its average operational <a href="https://ultramining.com/news/en/bitcoin-miners-set-for-a-tough-ride-as-2024-halving-nears-jp-morgan/" rel="noopener noreferrer nofollow">hash rate</a>, which reached 27.5 EH/s for the month, according to <a href="https://x.com/MarathonDH/status/1821201364653109371" rel="noopener noreferrer nofollow">MarathonDH</a>.</p>
<p>As of the end of July, Marathon's total <a href="https://ultramining.com/news/en/rising-mining-difficulty-squeezes-bitcoin-miners-sparks-accumulation-among-whales/" rel="noopener noreferrer nofollow">Bitcoin holdings</a> have grown to an impressive 20,818 BTC, solidifying its status as one of the leading players in the industry. The company also revealed that its installed hash rate has now reached 31.8 EH/s, further reinforcing its position as a key contender in the competitive Bitcoin mining landscape. These figures reflect Marathon's strategic focus on scaling its operations and maximizing its mining output.</p>

Marathon Digital Increases Bitcoin Production by 17% in July

Ultramining_Eng

Other articles published on Aug 10, 2024

Antpool Launches Support for Alephium ($ALPH) Mining

Ripple CLO Calls on Kamala Harris to Intervene Against SEC Actions

Analytics Firm Assesses the Recovery in Bitcoin and Ethereum: What Do They Expect Next?

Ethereum Layer-2 Activity Hits A New High Amid Vitalik’s 3000ETH Transfer

Opsi ETF Bitcoin Segera Hadir Q4 2024, Siapkan Strategi Investasi

Cardano Price Prediction: ADA Targeting $5 Once Bitcoin Breaks $100k, Rollblock Tipped For 200x G...

Join our free newsletter for daily crypto updates!