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MARA Faces Q3 Net Loss but Optimism Grows for Future Mining Amid New Regulations and AI Potential Coinotag 13 Nov 2024

MARA Faces Q3 Net Loss but Optimism Grows for Future Mining Amid New Regulations and AI Potential ⛏️

Cryptocurrency mining AI Marathon Digital Holdings

Marathon Digital Holdings (MARA) encountered a significant net loss of $125 million in Q3 2024. This financial setback was mainly due to operational challenges and an increase in costs impacting their operations.

Despite these financial difficulties, the company remains hopeful. MARA sees potential in the future of cryptocurrency mining as new regulations unfold. The adoption of artificial intelligence could also offer promising opportunities for the company, boosting their mining capabilities and operations.

Source: en.coinotag.com ↗

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