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Marathon’s 2023 Bitcoin Production Surpasses $563 Million, Tripling 2022 Output: Report

Marathon Digital Holdings achieved its highest monthly Bitcoin mining output ever by successfully mining 1,853 BTC in December. In an update this week, Marathon said it mined 12,852 BTC, worth…

Continue ReadingMarathon’s 2023 Bitcoin Production Surpasses $563 Million, Tripling 2022 Output: Report

Bitcoin’s Hash Rate Hits All-Time High on Christmas, But It’s Not All Good News

Bitcoin’s hash rate reached a record-breaking 544 exahashes per second (EH/s) on December 25, marking a remarkable 130% increase since January, when it stood at 253 EH/s. The surge in…

Continue ReadingBitcoin’s Hash Rate Hits All-Time High on Christmas, But It’s Not All Good News