News with the tag "marathon digital holdings"

Bitcoin mining firm Marathon Digital reported a decline in Bitcoin production for February, down month-over-month due to higher network difficulty and fewer operational days. Marathon Digital ‘s Bitcoin ( BTC ) production dropped 6% month-over-month in February due to higher network difficulty and f...

MARA Holdings, Inc. has completed its acquisition of a wind farm in Hansford County, Texas. The wind farm has 240 megawatts of interconnection capacity and 114 MW of wind power. The newly acquired site will use repurposed ASIC mining hardware that would have otherwise been retired or sold. By poweri...

The second-largest publicly traded corporate bitcoin holder, MARA Holdings (MARA), has announced the completion of the acquisition of a wind farm in Texas, adding 114 megawatts of nameplate wind capacity and 240 megawatts of interconnection capacity to its operations. The Florida-based company plans...

Publicly-traded Bitcoin mining company Marathon Digital Holdings has announced the mining of a “Trump 47” block to honor Donald Trump as the first “Bitcoin president” of the United States. MARA said in a statement on Jan. 17 that the visual marker now lives on the Bitcoin ( BTC ) blockchain, with th...

Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin ( BTC ) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving re...

Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin…

Marathon Holdings restocked over $1.5 billion worth of Bitcoin using proceeds from its convertible note offering.

Under Fred Thiel's leadership, MARA Holdings (MARA) — previously known as Marathon Digital Holdings — has become not only one of the largest bitcoin miners in the world but also the second-largest corporate owner of bitcoin, with about $3.9 billion worth on its balance sheet. Thiel joined the mining...

After completing a convertible note sale, Bitcoin miner Marathon Holdings has increased its total BTC holdings to $3.9 billion. Marathon Holdings bought 11,774 Bitcoin ( BTC ) for an estimated $1.1 billion at a spot price of approximately $96,000 per token, the Florida-based blockchain infrastructur...

MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center. The wind farm, with 240 megawatts of interconnection capacity and 114 MW of operational wind…