Marathon announced that it had increased its computing power to 14 exahash per second (EH/s) by the end of February, up from 11 EH/s the previous month.

Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 650 bitcoins out of 683 bitcoins it mined in February.

Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made.

Marathon Digital (MARA) said it will need to restate portions of its audited 2021 results and currently unaudited quarterly reports from 2022 after an inquiry from the U.S. Securities and Exchange Commission (SEC) flagged technical accounting matters.

In the past 24 hours, and crypto bank Silvergate Capital (SL) recorded the highest spike with over 25% to reach $21.83 at the time of writing.

As the BTC price soared all the way to $23,000 and beyond, Bitcoin mining giant Marathon digital continued to sell its BTC holdings in order to fund its operational costs. As per reports, Marathon sold a total of 1500 BTC last month.

Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 1,500 bitcoin in January - first time ever - to monetize the recent rally in the crypto market.

Crypto miner Marathon Digital is forming a joint venture with FS Innovation in Abu Dhabi to create and operate mining facilities.  

A number of crypto stocks booked massive — and elusive of late — gains in Thursday’s trading session, with crypto miners Hive Blockchain and Marathon Digital among those that skyrocketed amid signs of slowing inflation and a subsequent boost for bitcoin. The share price gains across the sector followed Thursday’s US Consumer Price Index (CPI) report, which showed that core inflation rose 5.7% in December from a year earlier, marking another indicator of slowing or reversing inflation. November inflation’s metric had risen 6% year-over-year. In the hours after the report, crypto companies notched big stock price boosts. The pops in individual digital asset-related equities mirrored a rise in token prices, as bitcoin and ether were up 8% and 6.4% in the past 24 hours, respectively, through Thursday’s close in New York. (Blockworks)

One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry.