Marathon’s Bitcoin Mining Fleet to Produce Approximately 1.4 EH/s by the End of March
Marathon expects all 10,300 miners to be installed by the end of March, at which point the Companys mining fleet will consist of 12,920 miners generating approximately 1.4 EH/s.
- Marathon expects all 10,300 miners to be installed by the end of March, at which point the Companys mining fleet will consist of 12,920 miners generating approximately 1.4 EH/s.
- Last month, we received the first of several major shipments scheduled to be delivered in 2021 from Bitmain, said Merrick Okamoto, Marathons chairman and CEO.
- That delivery marked the genesis of what will be a transformative year for our business as wesignificantly increase the size of our mining fleet and expand our operations.
- Future changes in the network-wide mining difficulty rate or Bitcoin hashrate may also materially affect the future performance of Marathon's production of Bitcoin.