Performance of Bitcoin Miner Marathon Drops Due to Storm

Cryptocurrency miner Marathon was able to mine a much smaller number of bitcoins than usual due to a storm last month.

The total number of bitcoins Marathon generated during the month of June compared to May It was announced as 140 with a decrease of 47.8%. The reason for the decrease in the company’s performance is that the devices used by the company due to a storm last month. 75% disabled to be.

According to the statement made yesterday, the company today $198.9 million worthwhile 10 thousand 55 bitcoins owner. Company, from October 2020 Although he hasn’t sold any bitcoins since, he’s been trying to cover expenses due to the drop in performance. “that you can sell some bitcoins” announced.

Marathon repurchased its investment in NYDIG Digital Assets last month and put it in its wallet. 4,769 bitcoins had transferred.

At the company’s mining facility in Texas A total of 29,640 miners with a production capacity of 2.9 EH/s exists.

Marathon’s balance sheet also $88.7 million cash, $153.7 million There is total liquidity.

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