Marathon Digital mines a 20% sequential jump in July bitcoin production
Digital asset technology company Marathon Digital Holdings said it produced 1,176 bitcoin in July, a 20% increase from last month and a 1,527% increase from July of last year. The company added that it increased its operational hash rate by 6% to 18.8 EH/s and upped its installed hash rate by 5% to 22.8 EH/s in July. Furthermore, in July about 6,100 of Marathon’s Bitcoin miners were energized at Applied Digital’s facilities in Ellendale, North Dakota, increasing the operating fleet to about 156,600 Bitcoin miners. The company’s average fleet efficiency, based on manufacturers’ specifications, improved from 27.3 J/TH last month to 25.3 J/TH as of August 1. Source: Press Release
