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Marathon Digital, a Bitcoin mining company, missed revenue expectations in the first quarter of 2024. Despite 223% year-over-year growth to $165.2 million, the company missed the projected estimate of $193.9 million. The company attributes the lower-than-expected performance to adverse weather conditions and equipment malfunctions. However, Marathon continues to operate at a "record" 27 exahashes per second and aims to reach 50 EH/s by the end of the year. Do you think they will achieve their goal? 🚀#MarathonDigital#Bitcoin #Mining

Marathon Digital, a Bitcoin mining company, missed revenue expectations in the first quarter of 2024. Despite 223% year-over-year growth to $165.2 million, the company missed the projected estimate of $193.9 million. The company attributes the lower-than-expected performance to adverse weather conditions and equipment malfunctions. However, Marathon continues to operate at a "record" 27 exahashes per second and aims to reach 50 EH/s by the end of the year. Do you think they will achieve their goal? 🚀#MarathonDigital#Bitcoin #Mining

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