Marathon Digital grew its hash rate by 4% in December and mined more bitcoin than it has in any single month prior.
The Florida-based firm mined 1,853 bitcoin (BTC) last month, up from 1,187 BTC in November. It opted to sell 704 bitcoins — roughly 38% of the December production — to cover operating expenses.
“We believe this to be the highest monthly total ever recorded by a public bitcoin mining company,” Marathon said in a Thursday news release.
BlocksBridge Consulting founder Nishant Sharma told Blockworks Marathon’s December bitcoin production surpasses a public miner record previously held by Core Scientific: 1,527 BTC, generated in January 2023.
The total significantly…
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