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MARA News

Bitcoin Seven-Day Hashrate Nears 700 EH/s, Setting New Records
MARA

Bitcoin Seven-Day Hashrate Nears 700 EH/s, Setting New Records

16 public mining operators combined accounted for 22.76% of mined bitcoin in August

September 9, 2024
Bitcoin Mining Host Applied Digital Raises $160M With Backing from NVIDIA
MARA

Bitcoin Mining Host Applied Digital Raises $160M With Backing from NVIDIA

83% of Applied's annual revenue originated from bitcoin mining hosting

September 6, 2024
Marathon Puts AI on Horizon with New Board Directors
MARA

Marathon Puts AI on Horizon with New Board Directors

Marathon reported 30 EH/s in realized hashrate for August

September 5, 2024
Canaan Pledged 530 Bitcoin for $22.3M Loans at 4.2% Interest Rate
MARA

Canaan Pledged 530 Bitcoin for $22.3M Loans at 4.2% Interest Rate

LTV ratio at 65% and 68% for the two loans, respectively.

September 3, 2024
Bitcoin Miner CleanSpark Seeks to Double Authorized Shares
MARA

Bitcoin Miner CleanSpark Seeks to Double Authorized Shares

CleanSpark has been hodling almost the entirety of its mined bitcoin since January

August 30, 2024
Bitdeer Joins Bitcoin Miners to Issue $150M Convertible Notes
MARA

Bitdeer Joins Bitcoin Miners to Issue $150M Convertible Notes

Bitdeer raised $50 million and $106 million via stock offerings in Q1 and Q2, respectively.

August 15, 2024
Miner Weekly: Bitcoin Miners Raised $2.1B Since Q2 via Stocks
MARA

Miner Weekly: Bitcoin Miners Raised $2.1B Since Q2 via Stocks

And debt is trending up too!

August 15, 2024
Marathon Buys Bitcoin with $249M from Convertible Notes
MARA

Marathon Buys Bitcoin with $249M from Convertible Notes

Marathon has raised $1 billion via stock offerings year-to-date

August 14, 2024
Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt
MARA

Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt

Core paid $14.7 million in interest expenses during Q2

August 13, 2024
Marathon Plans $250M Convertible Notes to Buy Bitcoin
MARA

Marathon Plans $250M Convertible Notes to Buy Bitcoin

In addition to general corporate purposes

August 12, 2024
Miner Weekly: Bitcoin’s Record Low Hashprice Pushes Miners to the Brink
MARA

Miner Weekly: Bitcoin’s Record Low Hashprice Pushes Miners to the Brink

Even the largest miners struggle amid the market slump

August 8, 2024
Bitcoin Mining Giants Deposit $150M to Bitmain Rivals Since Q2
MARA

Bitcoin Mining Giants Deposit $150M to Bitmain Rivals Since Q2

Riot made deposits and advance payments of $221.8 million to MicroBT during the first half

August 8, 2024