Marathon Digital Holdings mined over 1,000 BTC in July

The world’s largest public crypto miner Marathon Digital Holdings from the USA in terms of computing power saved leadership positions in July 2023, the company’s hash rate increased to 18.8 EH / s, writes RBC Crypto.

Also in July, the company received a reward for a record 179 confirmed blocks of transactions. During this month, 1,176 BTC ($34.4 million) were mined, and since the beginning of the year, 6,297 BTC ($184.3 million) have been mined.

Marathon Digital Holdings’ total bitcoin holdings rose to 12,964 BTC ($379.4 million) as of July 31, 2023. By evaluation BitcoinTreasuries, the company is second only to Microstrategy in terms of the number of bitcoins owned.

Shares of Marathon Digital Holdings (MARA) are trading at $16.5 at press time, according to the NASDAQ.

Marathon Digital is one of the largest public mining companies in the US. It has tens of thousands of cryptocurrency mining devices on “farms” in North Dakota, Ohio and Texas.

In May, it was reported that Marathon Digital and Zero Two would build 250 MW mining centers in the desert climate of the UAE.

Source: Cryptocurrency

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