Marathon Digital raises 2024 hashrate target to 50 EH/s
Bitcoin mining company Marathon Digital has announced that it will increase its target hash rate for 2024 from 35-37 EH/s to 50 EH/s. Marathon CEO Fred Thiel stated that, considering our recently acquired capacity and hash rate, we now believe it is possible to double the size of Marathon's mining business by 2024. Thiel also mentioned that the company does not need to raise additional funds to achieve its new target hash rate, as it currently has "sufficient funds."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Miner Greenidge Generation Wins Court Case and Will Continue Operations
Dogecoin Investors Drop Class Action Lawsuit Against Elon Musk
Bitcoin Depot Crypto ATM Operator's Revenue Drops 25%
Watch these Top 5 Ethereum Tokens Poised for Exceptional Returns
Trending news
MoreCrypto prices
More
