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Marathon Digital Sets Bitcoin Mining Record in September 2024

Oct 2, 2024
  1. MARA Pool Achievements in September 2024
  2. Increase in Overall Hash Rate
  3. Enhanced Operational Efficiency

Marathon Digital Holdings, one of the largest Bitcoin miners in the U.S., reported a record achievement in September 2024. Their mining pool, MARA Pool, reached a market share of 4.9% and mined 667 BTC for the month.

MARA Pool Achievements in September 2024

In September, MARA Pool processed 210 blocks, leading to an increase in the company’s total hash rate to 32.7 EH/s. This is the first time a single mining pool has surpassed the 30 EH/s mark in a month.

Increase in Overall Hash Rate

The rise in hash rate to 32.7 EH/s underscores the company’s significant growth in capacity despite challenging market conditions.

Enhanced Operational Efficiency

With an installed hash rate of 35.2 EH/s as of August 30, MARA’s operational uptime reached 92%. This is the highest level since January 2024, indicating improved operational efficiency following infrastructure issues earlier in the year.

Marathon Digital’s achievements in September 2024 showcase significant progress in Bitcoin mining despite challenging market conditions. The increase in hash rate and enhanced operational uptime indicate improved company efficiency.

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