Marathon Digital invested over $30 million in bankrupt Compute North

Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21. 3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, according to an October 6 press statement. дальше »

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Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North

The miner also has about $50 million in security deposits and prepayment to Compute North, for hosting Marathon’s bitcoin miners. дальше »

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Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy

Compute North is Marathon Digital’s primary mining hosting provider. дальше »

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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for August 2022

Marathon Digital Holdings, Inc. , a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin production and miner installation updates for August 2022.... дальше »

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Bitcoin Miner Marathon Digital Targets Trimmed by Cowen

Marathon is relying on hosting firms to reach 23.3 EH/s by mid-2023. дальше »

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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. дальше »

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Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle

The firm doubled its credit from the bank, while the miner's operations are facing severe downtime and delays. дальше »

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Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

The company secured about 254MW of new hosting contracts, with an option to increase to 324MW. дальше »

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This Prominent Bitcoin Miner Has Refused To Give In To The Bear Market

At a time when miners are selling off their earnings due to the lingering downturn in the crypto market that has seen a lot of assets plunge by crippling margins, Marathon Digital Holdings, one of the most prominent Bitcoin mining firms, has shown signs of resilience as it refuses to sell off any of its […] дальше »

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Bitcoin miner prices will continue to fall, F2Pool exec predicts

The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on. дальше »

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Bitcoin Miner Marathon Digital HODLs Through the Bear Market

Bitcoin mining giant Marathon Digital has shown extremely strong hands through this bear market having yet to sell any Bitcoin (BTC) since Oct 2020. The post Bitcoin Miner Marathon Digital HODLs Through the Bear Market appeared first on BeInCrypto. дальше »

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Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm

The miner had about 30,000 miners in the Montana facility, representing over 75% of the company’s active fleet. дальше »

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Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines

Riot Blockchain is the best-positioned miner amidst the current market volatility, B. Riley said in a new report. дальше »

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Marathon Digital Bucks The Bitcoin Miner Selling Trend Despite Energization Challenges

The crypto markets have been moving in a lackluster manner for several months. Different industry participants are bracing for a crypto winter, and Bitcoin miners notorious for holding on to their Bitcoin rewards are being forced to sell to keep the lights on. дальше »

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Marathon Digital May Start to Sell Some of Its Bitcoin

The miner said any sale would not be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year. дальше »

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Marathon Digital May Start to Sell Some of Its Bitcoins

The miner said any sale would not be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year. дальше »

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Marathon Digital Beats Q1 Sales, EBITDA Estimates

The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin. дальше »

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Bitcoin Miner Marathon Digital Eyes 199,000 Miners, Holds over 9,000 BTC

Marathon Digital Holdings announced its April 2022 mining production updates noting over 9,000 BTC held in reserves and plans for a total mining fleet of 199,000. дальше »

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Marathon Digital Kicks Off Miners’ Earnings Season With Focus on Rig Deployment, Funding

The miner will report its first quarter earnings on Wednesday, followed by its first-ever conference call with analysts and investors. дальше »

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Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources

Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. The post Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources appeared first on CryptoSlate. дальше »

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Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay

The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million. дальше »

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Mining Industry Not That Worried by SEC’s Proposed New Climate Reporting Rules

The CEO of public miner Marathon Digital says he welcomes the new rules for the transparency and incentives to use renewable energy they would introduce. дальше »

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Marathon Mined 462 Bitcoin In January, Holds 8,595 BTC

The public miner’s production last month was down about 4% from the month prior as Marathon’s operations fluctuated. дальше »

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Is It A Good Time To Buy Marathon Digital Stock?

Publicly-traded bitcoin miner Marathon Digital has seen its share price tumble along with bitcoin. So, does that make it a good buy? дальше »

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Marathon Mined 3,197 BTC In 2021, An 846% Increase YoY

Last year was Marathon’s best year to date as the miner increased its hash rate by 1,790%. дальше »

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Bitcoin Miners HODLing: Marathon Mines 53% Less BTC in Nov., Hut 8 Producing Each BTC at A Cost of $3k

Bitcoin miner Marathon Digital Holdings reported mining 196 BTC in November, down from 417. 7 BTC in the previous month. This drop in bitcoin production was due to maintenance and upgrades to the power generating facility in Hardin, MT, that negatively impacted the mining. дальше »

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Marathon’s Bitcoin Production Fell In November Due To Maintenance Work On Power Plant

The bitcoin miner produced 196 BTC in November, down from 417.7 in the month before. дальше »

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Bitcoin Miner Marathon Expands Compute North Hosting Deal To Over 100,000 Rigs

Under the new terms, Compute North will host over 100,000 of Marathon’s miners across the U.S., helping the firm’s operations become 77% carbon neutral. дальше »

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Mara Raising $650 Million to Buy Bitcoin and Asics

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SEC Investigating Bitcoin Miner, Marathon Digital Holdings, Regarding Violation of Federal Securities Law

Marathon Digital holds a total of 7,453 Bitcoin and plans to buy more BTC and miners by selling $500 million in convertible securities. The post SEC Investigating Bitcoin Miner, Marathon Digital Holdings, Regarding Violation of Federal Securities Law first appeared on BitcoinExchangeGuide. дальше »

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Bitcoin Miner Marathon Is HODLing All the BTC Generated Over the Past Year

Not selling a single BTC since October 2020 has the company's total holdings at 7,453 BTC. Last month, Marathon mined 417.7 BTC. The post Bitcoin Miner Marathon Is HODLing All the BTC Generated Over the Past Year first appeared on BitcoinExchangeGuide. дальше »

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Marathon’s Bitcoin Holdings Grew Over 7k, Secures $100M Revolving Line of Credit with Silvergate Bank in BTC & USD

Crypto miner Hive reported HODLing 25,000 ETH and 1,030 BTC. It generated 221 BTC and 2,572 Ether in September, while Marathon minted 240.6 new BTC in the same month. The post Marathon’s Bitcoin Holdings Grew Over 7k, Secures 0M Revolving Line of Credit with Silvergate Bank in BTC & USD first appeared on BitcoinExchangeGuide. дальше »

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Marathon Shares Bitcoin Production Updates, Secures $100 Million RLOC

The bitcoin miner published its BTC production for September and announced a $100 million revolving line of credit. дальше »

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Bitcoin Miner Marathon Digital Loans 300 Bitcoin to NYDIG for a 3% Interest Rate, Production Rises 6% in August

Publicly-listed Bitcoin miner Marathon Digital Holdings disclosed in its latest filing with the US Securities and Exchange Commission (SEC) that it has entered into a Material Definitive Agreement with Bitcoin financial service provider NYDIG. дальше »

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Fidelity Buys 7.4% Stake In Bitcoin Miner Marathon

Mutual fund giant Fidelity has purchased 7.4% of bitcoin mining company Marathon Digital Holdings to be spread across multiple funds. дальше »

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Nasdaq-Listed Bitcoin Miner Marathon Buys 4,812 BTC ($150M) for Treasury Reserves

Marathon Patent Group, the North America-based Bitcoin mining company, has purchased 4,812 Bitcoin for an aggregate price of $31,168. The company purchased $150 million worth of Bitcoin through the New York Digital Investment Group (NYDIG). дальше »

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Crypto Miner Marathon Patent Group Buys $150M in Bitcoin

The Nasdaq-listed mining company wants to become a "pure-play bitcoin investment option" for Wall Street. дальше »

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Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering

The Las Vegas company has agreed to a direct offering of 12.5 million shares of common stock at $20 per share. дальше »

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Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise

Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business. дальше »

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US Firm Marathon Buys 70,000 Bitcoin Miners for $170 Million

Marathon already operates mining units in the United States. However, Monday’s deal will significantly increase the firm’s share of the global hash rate. Marathon Bitcoin Miner Order is Bitmain’s Largest to Date One of the biggest Bitcoin mining companies in the United States looks set to grow even larger in 2021. дальше »

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Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner

Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest self-miner in North America”. дальше »

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Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company

Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U. S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. дальше »

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Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider

The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana. дальше »

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