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Read More »Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
Marathon Digital Holdings, a global crypto-focused platform, announced that its mining operations for Kaspa have yielded approximately $15 million worth of KAS since they commenced last September. The company states that the decision to mine Kaspa was part of its strategy to diversify its mining operations. Marathon Mining Kapsa In the statement released on Wednesday, Marathon Digital mentioned that since the dawn of their Kaspa mining operations, they have already mined...
Read More »NiceHash and Marathon Digital Link Up to Launch Custom Firmware
CoinspeakerNiceHash and Marathon Digital Link Up to Launch Custom Firmware One perk of utilizing the product is that miners who do so will only have to pay a 2% firmware fee, a figure lower than industry standard. NiceHash and Marathon Digital Link Up to Launch Custom Firmware
Read More »Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022
CoinspeakerBernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022 Bernstein report states that the decline in difficulty is due to the combination of lower Bitcoin prices and a significant increase in mining equipment costs since the last Bitcoin halving in May 2020. Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022
Read More »Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks
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 contributing factors to the lower-than-expected performance. Marathon Digital Faced Production Setbacks Despite a year-on-year revenue growth of 223% to $165.2 million, as disclosed on May 9, the company’s performance still trailed the projected estimate of $193.9...
Read More »Marathon Digital (MARA) Market Cap Surges on S&P SmallCap 600 Inclusion
CoinspeakerMarathon Digital (MARA) Market Cap Surges on S&P SmallCap 600 Inclusion While Marathon Digital’s recent developments look promising enough, the company’s future remains undoubtedly tied to the fate of Bitcoin (BTC) and its price. Marathon Digital (MARA) Market Cap Surges on S&P SmallCap 600 Inclusion
Read More »Bitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024
CoinspeakerBitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024 Marathon Digital said that the company won't be raising funds to achieve its target of 50 EH/s and that it would be fully self-funded. Bitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024
Read More »Marathon Digital Reports Revenue Increases of 452%
U.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings report and has beaten analyst predictions by a good margin. Paradoxically, Marathon’s stock price dipped shortly after the announcement. This is, however, likely a temporary blip. Stunning Financial Results Although Marathon Digital was not necessarily in trouble last year, the crypto winter definitely put a bit of a damper on its plans, as did the SEC, who targeted the firm among a slew...
Read More »Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
CoinspeakerCrypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T Multiple crypto stocks jumped in premarket following Bitcoin's continuous rise past the $51,000 mark as ETFs receive large inflows. Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
Read More »Bitcoin Miner Marathon Digital (MARA) Stock Tops US Trading Charts
Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market. In the last 24 hours, Marathon Digital Holdings Inc (NASDAQ: MARA) has witnessed a remarkable 105 million shares in trading volume, surpassing established blue-chip stocks such as Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Amazon.com Inc (NASDAQ: AMZN), according to data from Yahoo Finance. Marathon Digital Shares Records Rising...
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