Bitcoin production

  • #Bitcoin Mining Company TeraWulf Reports Growth in Production and Operations for March 2023

    According to reports, Bitcoin mining company TeraWulf released an updated report on production and operations for March 2023. As of March 31, 2023, the hash rate capacity increased

    04/07/2023
    103
  • Marathon Digital Increases Bitcoin Production by 21% in March 2023

    According to reports, Bitcoin mining company Marathon Digital claims to produce 825 Bitcoins in March 2023, an increase of 21% compared to the previous month; As of March 31, 2023,

    04/04/2023
    94
  • Marathon Digital Reports Significant Net Loss for 2022 Despite Increase in Bitcoin Production

    According to reports, Marathon Digital, a Bitcoin mining company, released financial reports for the fourth quarter and full year of 2022. As of December 31, 2022, it had a net loss of $686.7 million for the full year of 2022, compared with a net loss of $37.1 million for the full year of 2021. Compared to 2021, Marathon Digital’s fourth quarter impairment charges related to the book value of mining equipment and supplier advances in 2022 were $332.9 million; The book value of digital assets, including impairment and realized and unrealized losses, decreased by $317.6 million. Marathon Digital produced 1562 Bitcoins in the fourth quarter of 2022, and the annual Bitcoin production increased from 3197 BTC in 2021 to 4144 BTC in 2022. Marathon Digital reported a net loss of $686.7 million in 2022 Analysis based on this information:Marathon Digital, a Bitcoin mining company, has released its financial reports for the fourth quarter and full year of 2022. The report…

    03/17/2023
    107