EXCLUSIVE: Marathon Digital CEO, Says 'Marathon's fleet has an avg energy efficiency of ~24J/TH so well below the threshold'
Portfolio Pulse from Benzinga Newsdesk
Marathon Digital's CEO highlighted the company's energy efficiency, stating its fleet operates at an average of approximately 24 joules per terahash (J/TH), which is below the industry's energy efficiency threshold.
April 09, 2024 | 6:50 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Marathon Digital's CEO emphasized the company's energy efficiency, with its mining fleet operating at ~24J/TH, underlining its commitment to sustainable operations.
The CEO's statement on Marathon Digital's energy efficiency highlights the company's commitment to sustainable and cost-effective operations. This focus on energy efficiency is likely to be viewed positively by investors who are increasingly concerned with environmental sustainability, potentially leading to a positive short-term impact on MARA's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90