Bitcoin mining difficulty has soared to an all-time high, exerting pressure on miners' profit margins. Marathon Digital has responded by ramping up their Bitcoin holdings, adding over 5,000 BTC in a single month. The company now possesses 26,200 BTC, valued at $1.5 billion.
Bitcoin miners' revenue in August declined to $828 million, marking the lowest point in a year. Several prominent mining firms also reported a drop in Bitcoin production for the month of August.
