Marathon Digital Holdings Surges as Leading North American Bitcoin Miner

Marathon Digital Holdings Surges as Leading North American Bitcoin Miner



Marathon Digital Holdings has strengthened its position as the leading publicly traded Bitcoin miner in North America by producing 1,187 BTC in November. This achievement has increased their total unrestricted cash and Bitcoin holdings to $802.3 million.



In a significant milestone, the company also boosted its domestic energized hash rate by 20% to reach 23.1 exahashes, completing the energization of its facility in Garden City, Texas. However, November's production slightly declined compared to October, mainly due to a 9% sequential increase in network difficulty.



It's worth noting that this production includes contributions from joint ventures in Abu Dhabi and Paraguay. In the United States alone, the company mined 1,151 Bitcoins, with transaction fees accounting for approximately 12% of this total.



As of November 30th,


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#Bitcoin, #BitcoinMiner, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Miner, #News, #Regulations

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