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News Explorer — Bitcoin Miner Marathon Digital Says It'll Double Its Hashrate in 2024

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Apr 26, 10:41 am
The Block

Bitcoin Miner Marathon Digital Says It'll Double Its Hashrate in 2024

Marathon Digital, a Bitcoin miner, has raised its 2024 hash rate growth target to 50 EH/s, doubling its mining operations. The company expects to achieve this target without the need for additional capital and plans to improve fleet efficiency. Despite concerns about the halving's impact on miners' revenue, some miners are still performing well and have solid balance sheets.

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