ChainCatcher news, according to Cointelegraph, Nasdaq-listed Bitcoin mining company MARA reported that its hash rate doubled in 2024, reaching a year-end target of 50 EH/s, making it the first publicly traded Bitcoin mining company to cross this milestone. MARA's hash rate was 36.9 EH/s at the end of the third quarter, which means it has increased by at least 13.1 EH/s since then.

MARA CEO Fred Thiel stated on X: "Mission accomplished... but why stop here? Stay tuned, as we have more mining machines coming online and we will continue to expand using existing capacity."