Marathon Digital, a leading bitcoin mining company with its own custom hashrate, demonstrated resilience last month by successfully mining around 773 BTC despite operational difficulties. This accomplishment comes before the highly anticipated bitcoin halving event set for April 20th, 2024. The MARA Pool, exclusive to Marathon, secured 110 blocks in March, adding significantly to the company's bitcoin reserves, as reported by TheMinerMag.

In addition to its independent mining operations, Marathon benefits from collaborative efforts with other organizations, which has led TheMinerMag to estimate their total bitcoin production for March at approximately 882 BTC. This is noteworthy due to the decline in bitcoin's daily production benchmark to 1.6 BTC/EH/s in March, a result of the escalating network hashrate and mining difficulty. Based on calculations, Marathon achieved an actual hashrate of about 17.8 EH/s, representing 62% efficiency relative to the 28 EH/s hashrate powered by the company as of February 29.

Despite facing operational challenges at their hosting service, Applied Digital, especially at the Garden City and Ellendale sites in Texas, Marathon's mining activities were impacted from mid-January onwards. These obstacles resulted in prolonged downtimes that extended into March. Nevertheless, Marathon's recent acquisition of the Garden City facility for $87.3 million is a strategic move to enhance their mining infrastructure.