HODL15Capital data highlights the top public Bitcoin miners by BTC reserves. Marathon Digital Holdings leads with 27,562 BTC, followed by Riot Platforms and Hut 8 with 10,928 and 9,110 BTC respectively. Other names include CleanSpark, HIVE Digital, Cipher Mining, and Bitfarms.
Marathon Digital Holdings (MARA) reported a $125 million net loss in Q3 2024 due to operational challenges and rising costs. However, the company remains optimistic about future mining opportunities amidst new regulations and AI potential.
Marathon and Riot's shares surged 30% and 16% following Bitcoin's price rally. Increased mining profitability, driven by Bitcoin hitting $87,000, attracted investor interest. Marathon plans expansion in Ohio by 2025, while Riot enhances its infrastructure to leverage the favorable market.
Bitcoin's recent gains have reversed, impacting the broader crypto market and associated stocks like COIN, MSTR, and MARA, which have plummeted.
Fred Thiel, CEO of Marathon Digital Holdings, warns against potential AI infrastructure oversaturation, comparing it to the dot-com bubble. He advises caution, stressing that AI investments should align with actual market demand to avoid financial losses.
Marathon Digital Holdings has increased its Bitcoin production to 705 BTC, showcasing improved operational efficiency. The company also secured a $200 million credit line to expand strategic opportunities.
Microstrategy's stock (MSTR) has skyrocketed by 185% in 2024, significantly outpacing Bitcoin's 47% rise. Since 1998, MSTR shares have surged by 988%, now priced at $191 per share. The firm's Bitcoin holdings are now worth $15.61 billion, with other firms like Marathon Digital and Metaplanet Inc. following similar strategies.
Bitcoin mining company Marathon unveils a tokenization platform, starting its venture with whiskey tokenization.
Marathon Digital Holdings invests $385 million in prepayments for new mining equipment to boost productivity and efficiency. This expansion is part of their long-term strategy to enhance hashrate and operational efficiency.
Marathon Digital Holdings has been buying bitcoin for four consecutive months, acquiring 192 BTC in September 2024. The company's HODL strategy focuses on accumulating bitcoin for long-term growth despite market volatility.
Marathon Digital Holdings purchased 192 bitcoins in September 2024, boosting its reserves to 26,842 BTC and showcasing its commitment to a HODL strategy.
Fred Thiel, CEO of Marathon Digital Holdings, met with Donald Trump to discuss U.S. leadership in Bitcoin mining. They explored strengthening America's position in the crypto industry and potential favorable policies for mining companies.
Marathon Digital Holdings holds 42% of bitcoin among publicly traded mining companies, with 26,842 BTC as of August 2024. The company focuses on accumulating Bitcoin, enhancing its market leadership and financial strength.
Marathon Digital Holdings is upgrading its Texas data center with immersion cooling technology to enhance operational efficiency and reduce energy costs. This will allow Marathon to increase bitcoin mining volumes and boost its hashrate.
Marathon Digital Holdings' MARA Pool captured a 4.9% market share, mining 667 BTC in September 2024. It achieved a monthly hash rate of 32.7 EH/s, the highest ever for a single pool.
Marathon Digital Holdings' operational uptime recovered to 92% in September 2024, the highest since January, indicating improved efficiency.
Marathon Digital Holdings invests $100M in AI infrastructure to combine AI workloads with Bitcoin mining, aiming to stabilize energy consumption and improve efficiency.
Marathon Digital Holdings co-founds Auradine, the first U.S.-based manufacturer of Bitcoin mining ASICs, investing $50 million to produce competitive devices and create over 200 jobs.
Marathon Digital Holdings, a Bitcoin mining company, has seen its stock drop 30% this year after the Bitcoin halving event. The company now shifts focus to artificial intelligence.
Marathon Digital CEO Fred Thiel predicts a revolution in energy markets driven by AI and data center growth. Revival of old nuclear power plants, like Three Mile Island, to power AI data centers is a key example.
Fierce protests have erupted in Texas over the environmental and social impacts of new Bitcoin mining facilities. Led by the Texas Coalition Against Cryptomining, residents are particularly concerned about noise pollution and strain on the local power grid.
Bitcoin price surged to $60K, driven by positive U.S. economic indicators and increased holdings by companies like MicroStrategy and Marathon Digital Holdings.
Marathon Digital Holdings adopts a full HODL strategy, deciding to hold all 26,200 BTC, reflecting confidence in Bitcoin's long-term value despite market volatility.
In August 2024, 16 publicly listed Bitcoin mining companies captured 23% of the market share, producing 3,226 BTC. This signifies a growing corporate involvement in the mining industry, led by companies like Marathon Digital Holdings and Riot Platforms.
Marathon Digital aims to reach a 50 EH/s hashrate by the end of 2024, despite production challenges.
Marathon Digital Holdings launched a 2-megawatt project in Finland, using heat from crypto mining to warm a community of 11,000 residents, promoting sustainability and energy efficiency.
TeraWulf, the sixth-largest Bitcoin mining firm, is launching a 2-megawatt facility and plans a larger 20-megawatt operation by late 2024. The firm is exploring partnerships with tech giants and focuses on daily Bitcoin sales to maintain profitability.
Jaran Mellerud recommends Bitdeer as the top mining stock, citing its undervaluation and strategic advantages in power and ASIC manufacturing.
As Bitcoin's hashprice declines, miners are turning to Alephium and Kaspa for higher profitability. These currencies offer significantly better returns, highlighting a shift in the crypto mining landscape.
Marathon Digital Holdings has invested $249 million to acquire 4,144 Bitcoin, potentially influencing Bitcoin's price amid market volatility.
Marathon Digital Holdings has acquired $249 million worth of Bitcoin, increasing its total holdings to 25,000 BTC.
Marathon Digital Holdings buys $249 million worth of Bitcoin, expanding its treasury to over 25,000 BTC.
