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Marathon Digital Holdings Reports Strong Bitcoin Production and Mining Updates for April 2024

Marathon Digital Holdings Reports Strong Bitcoin Production and Mining Updates for April 2024

Marathon Digital Holdings, a leading cryptocurrency mining company, has announced significant updates for April 2024. The company experienced a 15% increase in average operational hash rate, produced 850 bitcoins, and increased its bitcoin holdings. Marathon also revised its year-end total installed hash rate guidance to 50 EH/s, showcasing its growth plans and commitment to the industry.

Marathon Digital Admits to Mining an Invalid Bitcoin Block

Marathon Digital Admits to Mining an Invalid Bitcoin Block

Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.

Crypto Mining Stocks Plummet Amid SEC Issues a Subpoena to Marathon Digital Mining Facilities

Crypto Mining Stocks Plummet Amid SEC Issues a Subpoena to Marathon Digital Mining Facilities

US-based cryptocurrency mining firm Marathon Digital Holdings Inc has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its Hardin, Montana data centre.

Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC

Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC

NASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

MicroStrategy Scoops Up an Additional 205 Bitcoins for $10 Million

MicroStrategy Scoops Up an Additional 205 Bitcoins for $10 Million

MicroStrategy has purchased an additional 205 BTC, bringing the firm's holdings to 91,064 Bitcoins.

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.

SBI Holdings Supports Ripple, says that XRP is not a Security in Japan

SBI Holdings Supports Ripple, says that XRP is not a Security in Japan

While many in the crypto industry have moved away from XRP, SBI Holdings has made it clear that it is still a firm supporter of Ripple.

OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further

OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further

OKG Technology Holdings Limited has announced that operations won't be affected, despite the PRC investigation into controlling shareholder and OKEx Founder Star Xu.

Ethereum Whales' on Exchanges Continue to Shrink, Addresses with at Least 0.01 ETH Coins Hit ATH

Ethereum Whales' on Exchanges Continue to Shrink, Addresses with at Least 0.01 ETH Coins Hit ATH

Ethereum whales’ holdings on crypto exchanges are diminishing, suggesting that they are being moved to cold wallets.

Digital Assets Market Update 12 August 2019

Digital Assets Market Update 12 August 2019

Latest news and updates from the digital assets market

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.

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