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Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
1.8.2024
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit
One Of The Biggest Streamers On The Planet Wants To Marathon A Bloodborne Remaster Into Existence
1.8.2024
Kai Cenat is at it again. After taking on and overcoming Elden Ring and its expansion, Shadow of the Erdtree, the massively popular Twitch streamer Cenat is once again marathoning a game from FromSoftware’s legendary catalog, and he’s tackling the best one. That’s right, he’s playing Bloodborne...
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Bungie Hit By Layoffs And Massive Restructuring Despite Success Of Destiny 2: The Final Shape
31.7.2024
Bungie is about to undergo major changes. The Destiny 2 maker is laying off hundreds more employees, integrating more deeply with its parent company Sony, and spinning off one of its in-development games into a separate PlayStation Studio. CEO Pete Parsons called it a “difficult and painful day”...
Marathon & Riot Boost Bitcoin Reserves as Small Miners Sell
30.7.2024
After the recent Bitcoin (BTC) halving, the dynamics in BTC mining have changed significantly, affecting both small and big miners. While the smaller miners are dumping their Bitcoin to cover expenses, more prominent institutional investors such as Marathon Digital Holdings and Riot Platform...
Bill targeting illicit use of crypto passes US House: Law Decoded
29.7.2024
Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice
Cross-border Bitcoin payments a top priority for Marathon Digital — Bitcoin 2024
26.7.2024
The Bitcoin miner is seeking partners to build Bitcoin payment apps, a company executive said
MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings
25.7.2024
Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin...
World’s largest BTC miner Marathon buys $100M BTC to go 'full hodl'
25.7.2024
Marathon remains bullish on Bitcoin price in the long term, as it sold none of the BTC it mined during June
Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy
25.7.2024
The miner holds over 20,000 bitcoin and plans to buy more in the open market
Marathon Digital Ordered to Pay $138M for Contract Breach
24.7.2024
A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which...
Marathon Digital fined $138M for non-circumvention agreement breach
23.7.2024
Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho
Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In Texas
13.7.2024
David Fischer, who serves as a plant manager for a Bitcoin mine owned by Marathon Digital, a public Bitcoin mining company, has been acquitted of having responsibility for several noise complaints brought by citizens living nearby. The operation, located in Texas, is one of the least remote mines...
Marathon site manager ducks Texas noise charges amid resident complaints
11.7.2024
David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
8.7.2024
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said
Bitcoin miner Riot Platforms hash rate booms 50% in June
4.7.2024
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
3.7.2024
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and its bitcoin holdings reached 18,536 BTC. Marathon Digital Reports June 2024 Bitcoin Production In June 2024...
Marathon Digital Reports June Bitcoin Mining & July Updates
3.7.2024
Today, Nasdaq-traded MARA (Marathon Digital Holdings, Inc.) has published its Bitcoin production and miner installation updates for June 2024. Fred Thiel, MARA’s chairman and CEO, states that “Due to operational improvements in Ellendale and the facility being fully operational as of...
World's largest Bitcoin miner didn’t sell any BTC in June
3.7.2024
Marathon Digital said it aims to further strengthen its Bitcoin holdings through open-market acquisitions but may also sell to support operations in the future
CleanSpark mined 445 Bitcoin in June, surpasses hash rate target
3.7.2024
CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams