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Marathon Digital
Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.
Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle
The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.
Marathon Digital Holdings CEO on Bitcoin Mining Outlook
Amid soaring electricity costs, some crypto miners have been forced to sell their bitcoin at a discount, putting them at risk of collapse. Marathon Digital Holdings CEO Fred Thiel discusses the impact of consolidations across the industry on the global hashrate and how his firm benefits from crypto winter.
Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal
A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst.
Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View
The company secured about 254 megawatts worth of new hosting contracts.
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
Investors are likely feeling comfortable as the price of the largest cryptocurrency has stabilized over the past few days.
Marathon Digital Continues to Hodl All Bitcoin but Hints at Strategy Change
Dealing with a number of operational challenges, the company mined 707 bitcoin during the second quarter down sharply from the previous three months.
Good Time to Buy Crypto Mining Stocks, Says DA Davidson as It Slashes Hashrate Forecasts
There's now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.
Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm
The miner had about 30,000 miners in the facility, representing over 75% of the company’s active fleet.
