Monday, June 24, 2024

Bitcoin Miner Marathon Expects to Recuperate Much less Than Half Its Deposit From Bankrupt Compute North

by Jeremy

In different updates, Marathon stated it diminished its revolver borrowings to $30 million from $50 million and – after mining 472 bitcoin in November – has 4,200 unrestricted bitcoin and 11,757 whole bitcoin as of Nov. 30. That 472 bitcoin mined final month was down 23% from October because of increased vitality prices and decrease bitcoin costs that affected its King Mountain web site in Texas.

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