The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin (BTC) for the first time in two years. A spokesman told Cointelegr...
Tag: Marathons
Marathon’s bitcoin production fell by 47.8% in June after storm knocked much of its mining fleet offline
Marathon self-mined 140 bitcoin in June — a 47.8% month-over-month reduction that was mainly a consequence of a storm that knocked 75% of the company’s active mining fleet offline. The bitcoin m...
Montana storm knocks 75% of Marathon’s active crypto mining fleet offline
A storm that passed through Montana earlier this month powered down about 75% of Marathon’s active mining fleet. The storm hit the town of Hardin on June 11 and damaged the power generating faci...
Marathon’s Crypto Mining Capacity Crippled Due to a Massive Storm
Marathon Digital Holdings – one of the leading cryptocurrency mining companies – said that 75% of its operations are currently without power because of a devastating storm that passed recently through...
75% of Marathon’s mining fleet still offline two weeks after huge storm
Bitcoin (BTC) mining company Marathon Digital Holdings has revealed that 75% of its mining capability has been out of commission since a severe storm hit Montana on June 11. Marathon finally issued a...
Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
The potential cash crunch means opportunity for those with capital, said Bitfarms’ Morphy. “A lot of companies that were looking for SPACs and IPOs to fund their growth have not taken place. As ...
Marathon’s Huge Louisiana Refinery Rocked by Explosion, Fire
(Bloomberg) — Marathon Petroleum Corp.’s oil refinery near New Orleans exploded into flames on Monday, threatening to crimp fuel supplies and raise pump prices at a time of already rampant infla...