Marathon Digital produced 1072 BTC in August and sold 750 BTC

Odaily Planet Daily News Encrypted mining company Marathon Digital released an update on Bitcoin output and mining operations in August 2023 (unaudited). The main points are as follows: - In August, 1,072 BTCs were produced, a decrease of 9% month-on-month and an increase of more than five times year-on-year; - Marathon US operating computing power increased by 2% month-on-month, reaching 19.1 EH/s; deployed computing power increased by 1% month-on-month, reaching 23.1 EH/s; - As of August 31, Marathon held a total of 13,286 BTCs, of which 13,111 BTCs were unrestricted holdings; - Sold 750 BTC in August, and intends to continue to sell some of the BTC it holds in the future. - As of the end of August, the company had $111.2 million in cash and cash equivalents on its balance sheet, of which $105.5 million was unrestricted cash and cash equivalents; compared to the same period last year, the amount of unrestricted cash and cash equivalents and Bitcoin The combined balance increased from $201.5 million to $445.5 million. (Globe Newswire)