According to PANews, Marathon Digital has just tweeted a review of 2024, saying that it has transformed itself from a Bitcoin mining company to a global leader in energy and infrastructure. Important milestones were achieved throughout the year, including a computing power of 50 EH/s, a 3-fold increase in capacity to 2GW, 7 new mining farms, an increase in the proportion of self-operated mining farms to 65%, and an increase in Bitcoin holdings to 44,394 through $2 billion 0% convertible bonds. In addition, the company has implemented a zero-cost energy strategy, acquired wind farms, used oil field waste gas for energy, and recovered heat in Finland to heat 80,000 households. At the same time, it launched a two-phase immersion cooling system, a multi-chain Layer 2 network, and a Bitcoin transaction direct submission tool Slipstream, and achieved the industry's highest return on capital, and the team size expanded from 56 to 152 people.
