Marathon Digital produced 1,072 BTC in August and sold 750 BTC

Odaily星球日报 · 2023-09-05T15:13:05.000Z

Odaily Planet Daily reported that the encryption mining company Marathon Digital released an update on Bitcoin output and mining operations in August 2023 (unaudited). The key points are as follows: - 1,072 BTC were produced in August, a month-on-month decrease of 9%, and a year-on-year increase of more than 1,072 BTC. Five times; - Marathon's US operating computing power increased by 2% month-on-month, reaching 19.1 EH/s; the deployed computing power increased by 1% month-on-month, reaching 23.1 EH/s; - As of August 31, Marathon held a total of 13,286 BTC, Among them, 13,111 BTC are unrestricted holdings; - Sold 750 BTC in August and intends to continue to sell part of its BTC holdings in the future. - As of the end of August, the company had $111.2 million in cash and cash equivalents on its balance sheet, of which $105.5 million was unrestricted cash and cash equivalents; compared to the same period last year, the amount of unrestricted cash and cash equivalents and Bitcoin The consolidated balance increased to $445.5 million from $201.5 million. (GlobeNewswire)

Odaily Planet Daily News Crypto mining company Marathon Digital released an update on Bitcoin output and mining operations in August 2023 (unaudited), with the following highlights: - 1,072 BTC were produced in August, a 9% decrease from the previous month and more than five times the previous year; - Marathon's US operating computing power increased by 2% from the previous month to 19.1 EH/s; deployed computing power increased by 1% from the previous month to 23.1 EH/s; - As of August 31, Marathon held a total of 13,286 BTC, of ​​which 13,111 BTC were unrestricted holdings; - Sold 750 BTC in August and intends to continue selling some of its BTC holdings in the future. - As of the end of August, the company had $111.2 million in cash and cash equivalents on its balance sheet, of which $105.5 million was unrestricted cash and cash equivalents; compared with the same period last year, the combined balance of unrestricted cash and cash equivalents and Bitcoin increased from $201.5 million to $445.5 million. (GlobeNewswire)