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Marathon Digital
Jefferies Downgrades Bitcoin Miner Marathon Digital on Construction Delays
The asset-light crypto miner won't reach its 23 EH/s hashrate target by mid-2023, the bank said, while also lowering its price target to $4.
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit
The company also reiterated its expectation to have 23 exahash per second of computing power around the middle of 2023.
Marathon Digital, Coinbase Lead Bounce for Crypto-Related Stocks
Modest gains across cryptocurrencies were enough to jump start a rally in the beaten-down shares.
Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
Bitcoin miners had a rough 2022, showing “how to not build a mining business,” Industry experts, however, don’t see 2023 as any better, unless the market improve significantly.
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
In its monthly update the company also disclosed additions to its bitcoin stack and the payoff of some debt.
Marathon Digital CEO: Players With Strongest Balance Sheets Will Survive Crypto Winter
Marathon Digital CEO Fred Thiel discusses the outlook for the bitcoin mining industry as it continues to see fallout from continued market downturn.
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
Marathon increased its hashrate by 84% in October in setting its new monthly high.
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.
Binance Pool Starts $500 Million Fund to Support Bitcoin Mining
The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data
Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.
