Odaily Planet Daily News Encrypted mining company Marathon Digital Holdings produced 1,176 BTC in July and 6,297 BTC since the beginning of the year; operating computing power increased by 6% to 18.8 EH/s, and installed computing power increased by 5% to 22.8 EH/s s.
As of July 31, 2023, Marathon's unrestricted cash and cash equivalents were $115 million, with unlimited Bitcoin holdings increasing to 12,964 BTC (approximately $379 million).
Marathon sold 750 BTC in July and intends to sell some bitcoins in the future to support monthly operations, manage its finances, and for general corporate purposes. (Globenewswire)