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Marathon and Riot battle for the title of America’s biggest Bitcoin miner
28.10.2020
A recent purchase of 10,000 Antminer S-19s has placed Marathon Patent Group on-track to become North America’s largest Bitcoin mining firm by Q3 2021
Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner
28.10.2020
Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest...
Marathon Purchases Additional 10,000 S-19 Pro Miners from Bitmain
26.10.2020
This marks the second 10,000+ machine order from Marathon since August
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company
15.10.2020
Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U.S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. In a statement on Tuesday, Marathon said that it will co-locate a bitcoin mining...
Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider
13.10.2020
The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
27.9.2020
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry...
Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
13.9.2020
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...
A recap of last week’s ‘DeFi Marathon’ hosted by CT China
9.9.2020
China looks into DeFi
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Marathon to Buy Fastblock Mining for About $22M in Stock
26.8.2020
The company gains 3,304 ASIC miners through the merger
Marathon to Buy Fastblock Mining for About $22M in Stock
26.8.2020
The company gains 3,304 ASIC miners through the merger
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...
Marathon Brings New Rigs Online, Sees Becoming Cash Flow Positive
24.8.2020
The company expects 1,000 more S19 machines by December
Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....
Marathon Signs New $23M Contract with Bitmain for 10,500 Bitcoin Mining Rigs
14.8.2020
The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America
Mining Stocks Are Beating Bitcoin in a Bullish Cryptocurrency Market
10.8.2020
Riot and Marathon have rallied 97% and 128% over the past year while Bitcoin as gained 3 percent