MARA Holdings
$BTC Production Falls 25% in Challenging June
MARA Holdings mined 713
$BTC in June, marking a 25% decline from May's production levels.
The Florida-based mining company won 211 blocks last month compared to a record 282 blocks in May.
Weather-related curtailments at Texas facilities and storm damage remediation contributed to reduced output.
$BTC mining difficulty increased 2.6% to 126.4 terahashes between April and June, according to industry data.
#MARA plans to expand network capacity by 40% to 75 exahashes by year-end despite production challenges.
The company maintains 49,940
$BTC worth over $5 billion in treasury reserves at current market prices.
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