Production

The cost of producing a Bitcoin is taking a toll on Bitcoin miners whose machines are struggling to yield profits due to the flagship digital asset’s price difficulties. According to data platform MacroMicro, the average cost of mining…

8.8 EH/s of installed and operational self-mining capacity, up 76% Y-o-Y Construction of Building 4 at Lake Mariner substantially completed in June, paving the way to 10.0 EH/s in July 2024 AI/HPC digital infrastructure projects…

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, has released unaudited bitcoin (BTC) production and miner installation updates for May 2024.…

Marathon Digital, a Bitcoin mining company, fell short of revenue expectations set by Wall Street analysts in the first quarter 2024 report. The firm cited adverse weather conditions and equipment malfunctions as…

Core Scientific reported a $210.7 million net income for the first quarter on May 8.The change represents an increase of $211.1 million from the first quarter of 2023, when the company reported a net loss of $0.4 million.The company also…

Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April. This decline comes as the…

One of America’s largest crypto mining companies, Hut 8, has reported a sharp drop in proprietary production for April, according to a company announcement on May 6. The firm reported a 36% drop in BTC mined in…

Earned 803 self-mined bitcoin for a total of 3,628 bitcoin year-to-date, and our customers earned an estimated 265 bitcoin at our data centers in April Completed deployment of 2.5 EH/s of…

Operated approximately 218,000 owned and hosted bitcoin miners Produced 1,027 self-mined bitcoin and an estimated 354 bitcoin from hosted miners in January Expanded self-mining energized hash rate by 1.7 EH/s with new miner…

With Bitcoin edging towards $47,000, Marathon Digital shares surge despite a considerable decrease in mined BTC in January. On Friday, Marathon Digital Holdings Inc (MARA) shares surged by 23% to reach $21.58, echoing the upward trend…