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Marathon Digital (MARA), one of the largest publicly traded bitcoin miners in North America, reported fourth-quarter revenue of $60.3 million, an increase of 17% from the previous quarter but slightly below analysts' average estimate of $60.9 million, according to FactSet data. Original Source
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Virtual sporting company Raramuri is hosting the first-ever marathon in the metaverse, where runners can earn digital rewards for running real-life miles.The in-browser event will take place on June 2, this year’s Global Running Day, with early sign-ups currently open to the public.Registered participants of the 500-person race will have
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Bitfarms (BITF) and Marathon Digital (MARA), two of the largest publicly-traded bitcoin miners, each announced on Monday that they had mined over 3,000 bitcoin in 2021.Canadian-based Bitfarms produced 3,452 bitcoin for the year, while U.S.-based Marathon mined 3,197 bitcoin.Bitfarms’ total holdings grew to over 3,300 bitcoin as of the end of
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Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, was named top mining stock pick heading into 2022 by DA Davidson. The Wall Street investment bank believes that Marathon’s shares have compelling upside after a recent sell off. Original Source
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BusinessThe deal, announced a week ago giving few details, is for 78,000 machines to be delivered in second-half 2022.By Tanzeel AkhtarDec 29, 2021 at 10:55 a.m. UTCUpdated Dec 29, 2021 at 10:55 a.m. UTCA bitcoin mining farm. (Marko Ahtisaari/Flickr) Original Source
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Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with Bitmain, a bitcoin mining machine manufacturer. This deal would allow them to acquire an undisclosed number of Antminer S19 XP models, an ASIC capable of delivering 140 TH/s while being
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“Given the strength of our balance sheet and our asset-light model, which allows us to invest our capital into mining machines rather than infrastructure, we were uniquely positioned to place the largest single order of S19 XPs, in terms of total hash rate, Bitmain has ever received,” Marathon CEO Fred
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Marathon’s fleet consists of 31,000 active miners producing approximately 3.2 exahashes per second (EH/s). The company received another 15,520 top-tier ASIC miners from Bitmain last month. So far this year it’s taken delivery of 56,826 miners, with another 8,477 on the way. Source
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Compute North and Marathon Digital extended their hosting agreement to more than 100,000 bitcoin mining machines across the U.S. according to a statement on Wednesday. The units will be powered mostly by wind and solar energy.The agreement is an expansion of the companies’ previous hosting deal of 73,000 miners in
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