484.5 ua! Marathon Digital (MARA.US) sets a new Bitcoin production record in December.
Marathon Digital (MARA.US) mined a total of 1,098 Bitcoin (BTC-USD) in the fourth quarter, of which 484.5 were mined in December, setting a new record. In contrast, only 196 Bitcoins were mined in November. The total amount of Bitcoin currently held by the company is approximately 8,133, with a market cap of approximately $ 375.8 million.
The company's hash rate also increased by 1,790%, from 0.2 EH / s in January 2021 to 3.5 EH / s in December 2021. The company received approximately 10,365 integrated application-specific applications. Circuit Miners (ASICs) were acquired by Bitmain in December and have continued to upgrade miners in various facilities through Compute North.
Fred Thiel, CEO of Marathon Digital, said: “We expect these deliveries to be faster as they go into full production. On January 3, Marathon Digital's prices rose 0.6%. 78,000 additional Bitcoin miners will be purchased.
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