Marathon Digital, one of the largest mining companies in North America, has released its Bitcoin (BTC) report for June.
Bitcoin miner Marathon Digital shared its detailed and comparative mining report for last month with the public. In the report, mining returns in June compared to May 21% drop reported to have occurred. Mining company in June 979 Bitcoins produced.
According to the report, with the loss of interest in the Ordinal flow operating in the Bitcoin network, the density in the network decreased, and accordingly, the revenue the company obtained from transaction fees increased in May. 11.8% from the level 5.1%fell to.
Compared to June last year, the company’s Bitcoin mining revenues 599% increase seen. However, the hash rate of the mining company is compared to the previous month. 16% increasing 17.7 exahashand the installed hash rate compared to the previous month 8% increasing 21.8 exahashrose to .
Marathon Digital in June Selling 700 Bitcoins while choosing 1 July as of the total 12,538 BTC exists.
The company cited the decline in production compared to last month, weather conditions and reduced transaction fees:
The decrease in production compared to last month was due to weather interruptions in Texas and lower transaction fees.