PANews December 26 news, Marathon Digital has just tweeted a review of 2024, stating that it has transformed itself from a Bitcoin mining company into a leader in the global energy and infrastructure sector. The company achieved significant milestones throughout the year, including a hash rate of 50 EH/s, a capacity increase of three times to 2 GW, the addition of 7 new mining sites, an increase in self-operated mining sites to 65%, and an increase in Bitcoin holdings to 44,394 coins through $2 billion in zero-percent convertible bonds. In addition, the company promotes a zero-cost energy strategy, acquiring wind farms, utilizing flared gas from oil fields for power, and recovering heat in Finland to provide heating for 80,000 households. It also launched a two-phase immersion cooling system, a multi-chain Layer 2 network, and a direct Bitcoin transaction submission tool called Slipstream, achieving the highest capital return rate in the industry, with the team size expanding from 56 to 152 members.
