Marathon Digital Q2 results miss revenue and earnings forecasts
Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023.
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Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month.
Bitcoin production growth and capital strategy guiding Marathon Digital: CEO
In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO's Fred Thiel spoke about the mining company's response to the bear market.
Bitcoin miner Marathon Digital hit with another SEC subpoena
The first subpoena was given to Marathon in the third quarter of 2021, concerning whether it may have violated federal securities laws relating to its data center in Hardin.
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s.
Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes.
Marathon Digital terminates credit facilities with Silvergate Bank
The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.
Marathon Digital bungles crypto impairment sums, will reissue financials
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures.
Marathon Digital experiments with overclocking to increase competitive advantage
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC.
Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.