Marathon Digital Holdings

The public miner’s production last month was down about 4% from the month prior as Marathon’s operations fluctuated.

The industry is filled with uncertainty as unrest spread throughout the country after an energy crisis prompted a series of protests last week.

Last year was Marathon’s best year to date as the miner increased its hash rate by 1,790%.

The mining company expects to have 199,000 active machines outputting 23 EH/s by early 2023.

Five public miners produced a total of 1,475 bitcoin in November, worth nearly $80 million.

The bitcoin miner produced 196 BTC in November, down from 417.7 in the month before.

Today Marathon Digital Holdings, one of the largest publicly-traded Bitcoin miners in North America, announced a proposed convertible senior notes offering.

The bitcoin miner published its BTC production for September and announced a $100 million revolving line of credit.

Marathon's MaraPool will provide its members with seamless access to NYDIG's institutional-grade services through an expanded collaboration.

Mutual fund giant Fidelity has purchased 7.4% of bitcoin mining company Marathon Digital Holdings to be spread across multiple funds.