MARA Announces Bitcoin Production and Mining Operation Updates for November 2024
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Marathon Digital Holdings (MARA) reported a 15% increase in its energized hash rate to 46.1 EH/s and a 27% month-over-month increase in blocks won, totaling 254 in November 2024. The year-to-date Bitcoin yield per share is 37.2%.
December 02, 2024 | 12:30 pm
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Marathon Digital Holdings reported significant growth in its mining operations for November 2024, with a 15% increase in hash rate and a 27% increase in blocks won. This indicates strong operational performance and potential revenue growth.
The increase in hash rate and blocks won suggests improved mining efficiency and potential for higher revenue, positively impacting MARA's stock price. The 37.2% YTD BTC yield per share further supports a strong financial performance.
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