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Marathon Digital
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Trending
Marathon Digital's $138M Oopsie: The Great Michael Ho Debacle
2024-07-25T10:40:44.605+02:00
Marathon Digital fined $138 million for breaking a contract with strategist Michael Ho.
Ho's growth plan for Marathon included a major Bitcoin mining facility in North America.
Marathon Digital executed Ho's strategy but didn't pay up.
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CryptoCurrency
Largest Bitcoin Miner on Wall Street Ordered to Pay $138 Million
2024-07-23T11:05:34.546+02:00
Marathon Digital is reportedly required to pay a multimillion-dollar penalty to the founder of a competing mining company.
Michael Ho allegedly developed a growth strategy for Marathon, but did not receive the appropriate compensation.
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CryptoCurrency
Marathon Digital Posts Impressive Q4 Results: Revenue Up 452%
2024-02-29T15:48:52.095+02:00
The company sold 56% of the Bitcoin it produced in Q4 to fund operating costs.
Marathon's Bitcoin production increased 210% to a record 12,852 BTC.
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Mara Changes Tack through Diversification with Fidelity
2023-10-26T13:46:16.445+02:00
The company adds Fidelity as a second enterprise-grade custodian.
Bitcoin miner Marathon Digital (Mara) seeks to secure its holdings.
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CryptoCurrency
Riot Pivots to Electricity and HIVE to AI as Bitcoin Mining Profits Plummet
2023-09-07T10:49:42.055+02:00
Crypto miners are reporting lower BTC production output.
In the search for revenue, they sell electricity or computing power to AI firms.
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CryptoCurrency
Texas Heat and Low Bitcoin Prices Hit Marathon's August Production
2023-09-06T10:33:18.189+02:00
Marathon Digital reports a decrease of 9% in BTC production.
The average number of BTC produced per day amounted to 34.3.
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