Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
Marathon Digital Holdings (MARA) mined 615 bitcoin in October, the highest monthly total in its history, showing that its struggle to bring hashrate online is behind it, the firm said in a press release on Wednesday. Asset-light Marathon, which works with hosting firms and doesn't own the infrastructure behind its mining machines, has had a tough few months.
Most of its hashrate was knocked offline by a June storm in Montana. Its hosting partner Compute North, one of the largest in the U.S., filed for chapter 11 bankruptcy in late September, unsettling the market about Marathon's deployment prospects. Despite these headwinds, Marathon energized 32,000 machines during October, increasing its hashrate by 84%. The miner's computing power is now 7 exahash/second (EH/s), the press release said, making it one of the world's largest miners.
Source
t.me/Mining_Crypto_Miner
