Marathon Digital
Bitcoin Mining Stocks Decline Over 50%
Bitcoin mining stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA) declined by more than 50% on average as BTC’s price slumped following last year’s bull run. Data suggests bitcoin supply held in miner addresses have mainly been net outflows since April. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Dips Alongside Stocks, NY Crypto Mining Bill Unlikely to Pass in State Senate
"All About Bitcoin's" Week in Review panel discusses the recent bitcoin sell-off driving the price below $36K, comparing it with the current activity in the stock market. Plus, why the New York Senate Environmental Conservation Committee will not be reviewing the proposed two-year moratorium on non-renewable proof-of-work mining, and Q1 earnings reports from crypto mining firms like Argo and Marathon Digital.
Marathon Digital ‘Cautiously Optimistic’ About Early 2023 Hashrate Guidance
Publicly traded crypto mining firm Marathon Digital (MARA) has released its Q1 earnings report, stating that the company is “cautiously optimistic” about meeting early 2023 hashrate guidance despite delays. “The Hash” group discusses the firm’s dip in bitcoin production and efforts made to tackle environmental concerns.
Senator Warren Targets 6 More Crypto Miners for Their Energy Use
U.S. Sen. Elizabeth Warren (D-Mass.) expanded her inquiry of bitcoin miners’ energy usage and their environmental footprint, sending letters Thursday to six more miners, including Riot Blockchain and Marathon Digital Holdings. In December, Warren wrote to Greenidge Generation. "The Hash" team reacts, discussing the industry implications in the wake of China's crypto mining crackdown.
Marathon Digital CEO on 2022 BTC Mining Industry Outlook: 'Global Hashrate to Increase by 100%'
Fred Thiel, CEO of Marathon Digital Holdings, one of the largest bitcoin mining companies in North America, discusses the latest on the bitcoin mining industry and his outlook for 2022. Plus, insights into mining profitability and Marathon Digital's business operations.
Marathon Digital Expands Compute North Hosting Deal to Over 100K Bitcoin Miners
Compute North and Marathon Digital extended their hosting agreement to more than 100,000 bitcoin mining machines across the U.S. The units will be powered mainly through wind and solar energy and make Marathon’s mining operations about 77% carbon neutral.
Marathon Digital CEO: $1T Infrastructure Bill Impact on Miners ‘Really Isn’t That Severe’
Fred Thiel, CEO of North American mining giant Marathon Digital Holdings, discusses why he believes the impact of the U.S. Senate’s $1 trillion bipartisan infrastructure bill on crypto miners “really isn’t that severe.”
Marathon Digital to Buy $121M of Mining Machines
Las Vegas-based mining company Marathon Digital, which some say is helping drive bitcoin mining investment in North America, has reportedly agreed to buy 30,000 Antminer S19J Pro bitcoin mining machines worth $120.7 million from major ASIC chips manufacturer Bitmain.
Marathon Digital Says It Will No Longer Censor Bitcoin Transactions
Marathon Digital Holdings CEO Fred joins “All About Bitcoin” to explain the company’s latest move to no longer block transactions that originated from addresses associated with sanctioned entities. “Marathon is committed to the core tenets of the Bitcoin community, including decentralization, inclusion, and no censorship,” Thiel said.
Marathon Digital Reverses Course on Censoring Bitcoin Transactions
North American-based bitcoin mining firm Marathon Digital has rescinded its previous attempts to censor transactions on the Bitcoin network. It will validate all transactions on the blockchain as well as signal in favor of the new Taproot upgrade. “The Hash” panel digs into the news and what it means for the bitcoin community.