According to the document, over the previous month, the company increased its hashrate by 20%, reaching a level of 23.1 EH/s, and successfully mined 1,187 bitcoins (BTC), increasing its reserves to 10,999 BTC since the beginning of this year. The total amount of funds and bitcoins in the company's accounts as of November 30, 2023 is $802.3 million.

Marathon Digital is one of the leading open-source mining companies in the United States. She has a variety of cryptocurrency mining devices on farms in North Dakota, Ohio and Texas, and is also engaged in bitcoin mining in the UAE and Paraguay. According to BitcoinTreasuries, the company ranks second in terms of the number of bitcoins in its portfolio (13,396 BTC), second only to Microstrategy.

In September, analysts at Matrixport predicted that shares of public companies engaged in bitcoin mining could become one of the best investments for 2024. In November, against the background of rising prices for cryptocurrencies, shares of companies related to digital assets, including mining, increased significantly. Marathon Digital Holdings shares are trading at $15.28 on the NASDAQ stock exchange, and they have risen in price by 70% in November.

In early November, Marathon launched a pilot project to mine bitcoin using renewable energy based on methane extracted from landfills. The company intends to explore the possibility of converting methane from landfills into electricity for mining cryptocurrencies.

On November 19, the total remuneration and commissions for bitcoin miners reached $46.7 million, which is the highest level in the last six months. In addition, on November 27, there was another increase in the difficulty of bitcoin mining by 5.07%, setting a new historical record at 67.96.