marathon digital
Marathon Digital Holdings Reports 22% Increase in Bitcoin Mining Hash Rate for May 2024
Marathon Digital Holdings boosts Bitcoin mining hash rate by 22% in May 2024.
Marathon Digital (MARA) Reports June 2024 Bitcoin Production Increase
Marathon Digital Holdings (MARA) released updates for June 2024, noting a 2% increase in operational hash rate and a total of 18,536 BTC in holdings.
Marathon Digital Holdings (MARA) Schedules Q2 2024 Financial Results Call
Marathon Digital Holdings (MARA) will host a webcast and conference call on August 1, 2024, to discuss its Q2 financial results. Shareholders can submit questions in advance.
Marathon Digital Holdings Expands into Kaspa (KAS) Mining
Marathon Digital Holdings announces the mining of Kaspa (KAS), adding diversity to its digital asset portfolio with 93 million KAS mined.
Marathon Digital (MARA) Sees Revenue Surge Despite Increased Losses in Q2 2024
Marathon Digital's Q2 2024 revenue increased by 78% to $145.1M, but the company reported a net loss of $199.7M due to fair market value adjustments.
Marathon Digital Holdings (MARA) Proposes $250 Million Convertible Senior Notes Offering
Marathon Digital Holdings (MARA) announces a proposed $250 million private offering of convertible senior notes to acquire bitcoin and for corporate purposes.
Marathon Digital Holdings Prices Oversubscribed $250M Convertible Senior Notes Offering
Marathon Digital Holdings announces pricing of $250 million in oversubscribed convertible senior notes, primarily to acquire bitcoin and for general corporate purposes.
Marathon Digital Holdings Reports August 2024 Bitcoin (BTC) Production Update
Marathon Digital Holdings reports an 11% increase in hash rate and 2% decrease in blocks won for August 2024, highlighting operational improvements and future goals.
Marathon Digital Holdings (MARA) to Host Q3 2024 Earnings Call
Marathon Digital Holdings (MARA) will conduct a conference call on November 12, 2024, to discuss its Q3 2024 financial results. The call will be accessible via webcast.
Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues
Marathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank
Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.
Marathon Digital reports a 229% revenue increase in 2023
Marathon Digital reports a stellar 229% revenue increase in 2023, marking a significant turnaround with record BTC production.
Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy
Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.
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.
Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital
Fidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.
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.
Marathon Digital Shares Filing Details of its Purchased Miners and Cost
American Bitcoin mining firm Marathon Digital disclosed that it has ordered a total of 78,000 Antminer S19 XP from Bitmain Technologies in a bid to advance its position as a leading miner in the space.
Marathon Digital Refinances $100m Credit Facility from Silvergate Bank
Marathon Digital secured another loan deal of $ 100 million to sustain its operations amid the crypto market rout.
Marathon Reveals Over $80m Exposure to Bankrupt Crypto Miner Compute North
Compute North, which filed for bankruptcy protection last month, owes as much as $500 million to at least 200 creditors. Now the crypto miner got over $80 million in funding from Marathon Digital Holdings Inc.
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.
Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M
Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.
Marathon Digital Releases Q1Result, Generating 1,259 BTC with YoY Increase of 556%
Marathon Digital Holdings, Inc, one of the largest bitcoin mining companies in North America, announced that its bitcoin production output increased by 556% year-over-year to 1,259 BTC for the first quarter of 2022.
Marathon Digital to Raise $500M in Convertible Senior Notes
Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company has announced its plans to raise half a billion dollars as a debt offering via convertible senior notes.
Marathon Digital Shares Soars to 6-Month High Drawing on Sustained BTC Mining Operations
The shares of Nasdaq-listed American blockchain mining firm Marathon Digital have printed its highest price record in 6 months as the firm unveiled its Bitcoin mining performance of October.
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.
Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock
Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.
Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America
Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.
Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption
Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.
Blockchain Technology Implemented into Indonesia's Digital Economy
Bank Central Asia (BCA) is campaigning for Indonesian financial businesses to innovate and adopt blockchain technology to support its digital economy amidst rapid technological revolution.
Bank of Japan Testing Digital Yen CBDC
The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility.
World's First National Digital Currency to Be Built on Algorand
World’s First National Digital Currency to Be Built on Algorand
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively
Xi Jinping will publish an article entitled "Several Major Issues in the National Medium and Long-term Economic and Social Development Strategy“ on November 1 on Qiushi Journal. In the article, he mentions the digital economy and digital currency
Over 30 Japanese Firms to Conduct Digital Yen Pilot Test
Major Japanese companies from various sectors will collaborate to engage in a pilot test to issue a private digital currency or Digital Yen.
Mauritius Jumps on Digital Currency Bandwagon
The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.
ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.