Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.
Category: Bitcoin Production
Auto Added by WPeMatico
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in […]
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the […]
Marathon Digital, in particular, produced 1,242 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards.
With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes.