Auto Added by WPeMatico

MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations

MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S.…

Continue ReadingMARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations

MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA…

Continue ReadingMARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin 

Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting…

Continue ReadingMARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin 

Crypto-Related Stocks Slide Amid Global Market Turmoil

U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S.…

Continue ReadingCrypto-Related Stocks Slide Amid Global Market Turmoil

MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a…

Continue ReadingMARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a…

Continue ReadingMARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values.…

Continue ReadingCrypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million

On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin…

Continue ReadingBitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million

Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s

On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the…

Continue ReadingBitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s