marathon digital holdings
Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues
Marathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank
Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.
Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy
Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.
Marathon Digital Admits to Mining an Invalid Bitcoin Block
Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.
Crypto Mining Stocks Plummet Amid SEC Issues a Subpoena to Marathon Digital Mining Facilities
US-based cryptocurrency mining firm Marathon Digital Holdings Inc has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its Hardin, Montana data centre.
Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC
NASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.
Bitcoin is Teaching Generation Z How to Properly Save, says 10T Holdings Co-Founder
Dan Tapiero, the co-founder of digital asset firm 10T Holdings, has disclosed that Bitcoin is playing an instrumental role in teaching Gen Z how to save.
Largest North American Bitcoin Self-Mining Company, Marathon Announces $250 Million Registered Direct Offering of Common Stock
Marathon Patent Group, Inc. (Marathon) the largest enterprise Bitcoin mining company in North America announced a $250 million registered direct offering of common stock.
Mike Novogratz Intends to Donate Most of His Bitcoin Holdings to Charity, But With a Condition
Mike Novogratz has stated that he would be donating most of his Bitcoin (BTC) holdings to charity.
Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.
Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital assets firm 10T Holdings, believes that BTC has not missed a step in its journey of hitting $100,000 by the third quarter of 2021.
SEC Report Reveals MicroStrategy “May Increase” its Bitcoin Holdings Beyond Initial Purchase of $250 Million
Microstrategy has revealed in its United States Securities and Exchange Commission (SEC) report that it “may increase” its Bitcoin (BTC) holdings.
1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder
With a projection of 1 billion people using BTC in the next four years, Dan Tapiero, the co-founder of digital asset firm 10T Holdings, believes this trend will push Bitcoin’s price above $500,000.
BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings
BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.”
Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19
Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.
Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians
Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.
Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO
It appears that blockchain firm Ripple Labs may favor Japan over other locations when considering new headquarters outside of the United States.