2021 Bitcoin Miner Marathon’s Best Year

  • Marathon mined 3,197 bitcoin in 2021, an 846% increase from the previous year.
  • In December, the company produced 147% more bitcoin than in November.
  • Marathon received over 10,000 new mining rigs from Bitmain during December.

Bitcoin mining company Marathon Digital Holdings had a record year in 2021 as it produced over 3,000 bitcoin, up from 338 BTC in the previous year, the company said in a statement Monday. The miner now holds a total of 8,133 BTC worth about $370 million at the time of writing.

Marathon’s monthly production also spiked in December as the miner saw its operations function near total capacity after a previous month marked by maintenance work and upgrades in its power plants. The miner produced 417.7 BTC in October, 196 BTC in November, and 484.5 BTC in December.

Source