In other updates, Marathon said it reduced its revolver borrowings to $30 million from $50 million and – after mining 472 bitcoin in November – has 4,200 unrestricted bitcoin and 11,757 total bitcoin as of Nov. 30. That 472 bitcoin mined last month was down 23% from October thanks to higher energy costs and lower bitcoin prices that affected its King Mountain site in Texas.
Source: https://www.coindesk.com/business/2022/12/06/bitcoin-miner-marathon-expects-to-recover-less-than-half-its-deposit-from-bankrupt-compute-north/?utm_medium=referral&utm_source=rss&utm_campaign=headlines