Cryptocurrency News

Marathon Q2 Bitcoin production down 44% as fleet remains crippled

07/08/2022

Less than a minute

2022.07.08 07:31

Marathon Q2 Bitcoin production down 44% as fleet remains crippled

Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in Bitcoin production over the second quarter of 2022, with June registering as the company’s least productive month in over a year following the fall of its Montana facility.

In its latest mining operation update released on July 7, Marathon reported that it produced 707.1 Bitcoin in Q2 2022, down 43.8% from 1258.6 Bitcoin mined in Q1 2022.

Marathon’s Bitcoin productivity has been on the decline through Q2 2022.

07/08/2022

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