According to Foresight News, Bitcoin mining company Marathon Digital (MARA) announced its second quarter 2024 results, with revenue increasing 78% from $81.8 million in the second quarter of 2023 to $145.1 million in the second quarter of 2024. 2,058 bitcoins were produced in the second quarter of 2024, a 30% decrease from the second quarter of 2023. As of June 30, 2024, the combination of unrestricted cash and cash equivalents and BTC increased to $1.4 billion.
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Mining company MARA produced 2,058 bitcoins in the second quarter, with revenue increasing 78% year-on-year to $145 million
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