![What Is Asset Tokenization? Types, Why It Matters Now [2025]](https://coininsights.com/wp-content/uploads/2025/05/asset_tokenization-360x180.png)
Marathon Digital Holdings reported a production of 1,202 Bitcoins in October, selling 961 to cover costs, with a remaining holding of 13,396 unrestricted BTC as of month-end.
Marathon Digital Holdings, Inc., a major player in the Bitcoin mining sector, has shared a snapshot of its performance and ongoing developments for October 2023. In the latest update, the company detailed a slight increase in its energized hash rate, signaling continued growth in its mining capabilities.
Fred Thiel, Marathon’s Chairman and CEO, noted a 1% rise in the energized hash rate, now reaching 19.2 exahashes. This advancement is particularly attributed to the progress in the company’s Garden City, Texas facility, which contributed 4.1 exahashes. As this site approaches full operational capacity, Marathon is set to exceed its target of 23 exahashes, aiming to become the largest Bitcoin miner in North America.
Marathon’s presence is not just growing in the U.S.; its international ventures are also expanding, with 2.3 exahashes already functioning in Abu Dhabi. Further expansion is expected by the year’s end.
You might also like: Europe’s Bitcoin miner secures €575m debt financing from Tether
The company is also exploring innovative mining solutions to improve sustainability and reduce energy costs. A pilot project in Utah is now mining Bitcoin (BTC) using methane gas from landfills, reflecting Marathon’s commitment to environmental responsibility and renewable energy use.
For October, Marathon’s U.S. operations produced 1,184 bitcoins, marking a significant year-over-year increase. The efficiency of Marathon’s fleet is also set to improve, based on the manufacturer’s specifications, which is a crucial factor in mining performance.
Financially, Marathon displayed robust health, ending the month with $156.1 million in unrestricted cash and cash equivalents. Additionally, the company strategically sold some of its Bitcoin holdings to support operations and maintain financial stability.
Read more: Marathon Digital harnesses landfill methane for Bitcoin mining pilot in Utah
can i purchase generic clomid without rx can i purchase generic clomid online cheap clomid prices clomiphene pregnancy can i purchase generic clomiphene for sale clomiphene generic where can i buy cheap clomid no prescription
More delight pieces like this would create the web better.
Thanks towards putting this up. It’s evidently done.
buy zithromax tablets – order zithromax without prescription metronidazole tablet
semaglutide tablet – purchase semaglutide buy periactin 4 mg without prescription
motilium 10mg pills – domperidone price how to get cyclobenzaprine without a prescription
buy inderal 20mg for sale – clopidogrel 75mg canada order methotrexate 10mg without prescription
buy amoxil cheap – diovan buy online ipratropium 100 mcg uk