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Marathon Digital, a U.S.-based company, recently disclosed its quarterly figures. During the first three months of 2024, the company managed to mine 2,811 Bitcoins, valued at a staggering $176 million. Remarkably, the company unveiled possessing liquidity amounting to $1.6 billion, affirming the inclusion of Bitcoin within this substantial figure. Profits Surge as Marathon Digital Reveals…
As the Bitcoin halving event approaches, significant preparations are underway within major mining companies like Marathon. The imminent halving, which will cut block rewards in half, prompts these firms to strategize ways to mitigate potential adverse impacts and possibly leverage the situation to their advantage. Marathon’s Strategic Response Marathon, one of the leading Bitcoin mining…
In the lead-up to the halving event, Marathon Digital, one of the world’s premier mining companies, has surged ahead. Officially disclosed, the company set a new record by mining 1853 Bitcoins in December. This accomplishment is unparalleled in the company’s history, demonstrating a significant milestone with the halving event on the horizon. Marathon’s Record-breaking Bitcoin…