Marathon Digital mined 1,187 BTC in November amidst record network difficulty
Marathon Digital Holdings bolsters its position as North America’s most prominent public Bitcoin miner, producing 1,187 BTC in November and boosting its combined unrestricted cash and Bitcoin holdings to $802.3 million. Achieving a significant milestone, the company increased its domestic energized hash rate by 20% to 23.1 exahashes, completing the energization of its facility in Garden City, Texas. The miner’s November production slightly decreased from October’s figures, attributed to a 9% sequential increase in network difficulty . Marathon Digital Holdings’ November #Bitcoin Production Update is here: – Achieved 23 EH/s Goal; Garden City Energized – Produced 1,187 BTC in November 2023 and 10,999 BTC Year-To-Date – Combined Unrestricted Cash and Bitcoin Was $802.3 Million as of November 30, 2023 Read the… — Marathon Digital Holdings (NASDAQ: MARA) (@MarathonDH) December 5, 2023 This production includes contributions from its joint vent...