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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Art Blocks’ PostParams Enable a New Medium for Generative Art

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

    Top 10 Upcoming NFT Collections to Watch in July 2025

    Top 10 Upcoming NFT Collections to Watch in July 2025

    The Next Big BTC Innovation After Ordinals and Runes?

    The Next Big BTC Innovation After Ordinals and Runes?

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

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    Floki’s Valhalla to Take Over Delhi NCR with Real World Campaign

    Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it

    Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it

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    SCOR on Sweet Drops ‘Flappy Racquet’ Featuring Top Tennis Pros for Wimbledon

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    Wimbledon Stars Lead ‘Flappy Racquet’ Telegram Game Ahead of SCOR Token Launch

    Complete Guide to the Web3 Strategy Game

    Complete Guide to the Web3 Strategy Game

    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    What the Rise and Fall of NFT Games Can Teach Us

    What the Rise and Fall of NFT Games Can Teach Us

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

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    A Full Comparison of Layer 2 Solutions

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

    A Full Comparison of Layer 2 Solutions

    A Full Comparison of Layer 2 Solutions

    What are Optimistic Rollups? How They Work and Why They Matter

    What are Optimistic Rollups? How They Work and Why They Matter

    What Are ZK Rollups? How They Work and Why They Matter

    What Are ZK Rollups? How They Work and Why They Matter

    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

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    Art Blocks’ PostParams Enable a New Medium for Generative Art

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

    ArDrive Partners with NFT.NYC to Permanently Store Digital Art on Arweave

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    CryptoPunk and Azuki Lead Pack of Top NFT Sales in June 2025

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    Hela Labs Partners Arcane Vault to Redefine Multi-Chain NFT Network

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    Top 10 Upcoming NFT Collections to Watch in July 2025

    The Next Big BTC Innovation After Ordinals and Runes?

    The Next Big BTC Innovation After Ordinals and Runes?

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

    Guild of Guardians and Courtyard Lead Weekly NFT Sales as Top Collections Surge

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    Floki’s Valhalla to Take Over Delhi NCR with Real World Campaign

    Floki’s Valhalla to Take Over Delhi NCR with Real World Campaign

    Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it

    Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it

    SCOR on Sweet Drops ‘Flappy Racquet’ Featuring Top Tennis Pros for Wimbledon

    SCOR on Sweet Drops ‘Flappy Racquet’ Featuring Top Tennis Pros for Wimbledon

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    Wimbledon Stars Lead ‘Flappy Racquet’ Telegram Game Ahead of SCOR Token Launch

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    Complete Guide to the Web3 Strategy Game

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    What’s Next for ‘MapleStory Universe’? More Ways to Play

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

    MattleFun Integrates Adventure Layer’s Gaming L2 Solution to Power Advanced Web3 Gaming Experience

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    SoonVerse Partners with Arris to Enhance User Experience

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    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    A Full Comparison of Layer 2 Solutions

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

    A Full Comparison of Layer 2 Solutions

    A Full Comparison of Layer 2 Solutions

    What are Optimistic Rollups? How They Work and Why They Matter

    What are Optimistic Rollups? How They Work and Why They Matter

    What Are ZK Rollups? How They Work and Why They Matter

    What Are ZK Rollups? How They Work and Why They Matter

    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Mining

Bitcoin Miner Marathon’s Sales Beat Fails to Impress Wall Street

February 29, 2024
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Bitcoin Miner Marathon’s Shares Outperform Peers Ahead of Possible ‘Strong’ Earnings Report
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Bitcoin miner Marathon Digital (MARA) beat Wall Street’s fourth-quarter sales expectations, mainly due to a higher bitcoin (BTC) price during the period.

READ ALSO

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The miner reported fourth-quarter sales of $156.8 million, beating the average analyst estimate of $148.8 million, according to FactSet data. The company said the quarter’s net loss would’ve been $0.02 per share, excluding the effect of the new accounting rules. Analysts estimated earnings per share of $0.04.

Marathon said it sold 56% of the bitcoin it produced during the quarter to fund operating costs.

The company also reiterated its outlook to bring mining power to about 35 to 37 exahash per second (EH/s) in 2024 and 50 EH/s by the end of 2025. “With orders for 22 exahash of miners already placed and options to add an additional 23 exahash to these orders, we believe there may be opportunities to accelerate our growth targets,” the company said in the statement.

Separately, Marathon announced Wednesday that it will start a new Bitcoin layer-2 network called Anduro. The new network will allow for the creation of multiple sidechains to foster innovation within the Bitcoin ecosystem, the company said in the statement. The miner is already developing the first two sidechains, one that will serve the Ordinals community – essentially, NFTs on Bitcoin – while the other will be an Ethereum-compatible chain for asset tokenization.

The move comes after Marathon recently rolled out a new business that is also aimed at helping the Bitcoin ecosystem. It started “Slipstream,” which will make the confirmation of large or “non-standard” bitcoin transactions easier, cutting out the delay and complications users often face.

See also  WadzPay’s New Deal to Tokenize Mining Assets in Congo

The shares of the miner fell more than 7% in the post-market trading, after outperforming its peers on Wednesday during the normal trading session. Bitcoin’s price whipsawed today, erasing some of the earlier gains, still 6% higher, at around $60,530. The broader CoinDesk 20 Index added 3.6%, by comparison.

Tags: BeatBitcoinfailsImpressMarathonsminerSalesStreetWall

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