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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...

Global payments processor Mastercard has launched its Multi-Token Network (MTN) platform, a solution to foster interoperability within the blockchain ecosystem. Raj Dhamodharan, the head of crypto and blockchain at Mastercard, expressed the company’s vision for MTN as a foundational framework that ensures the security, scalability, and interoperability of transactions within the digital asset and blockchain ecosystems. While the announcement does not specify which cryptocurrencies will be supported, it does indicate that Mastercard is collaborating with select partners to enable transfers on public blockchains. Interestingly, the initial applications of MTN are not directly related to cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). The platform’s beta phase, scheduled for launch in the UK this summer, will utilize “tokenized bank deposits.” Furthermore, MTN will also allow using “regulated payment tokens” in financial applications. These r...