🚀 Marathon Digital Holdings, a leading Bitcoin mining company, reported a 5% boost in Bitcoin production for September 2024! They mined 705 BTC, bringing their total to 26,842 BTC. Marathon also saw a 6% rise in block wins, totaling 207 blocks.
🔍 Key Highlights:
- No Bitcoin sold; continuing HODL strategy.
- Energized hash rate: 36.9 EH/s, aiming for 50 EH/s by end of 2024.
- Raised $292.5M in August, purchasing 4,144 BTC.
CEO Fred Thiel noted improved efficiency and progress in upgrading their Granbury data center.
What do you think about Marathon’s strategy? Share your thoughts below! 💬