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Marathon Digital: 616 bitcoins were produced in May, and holdings increased to 17,857

Marathon Digital: 616 bitcoins were produced in May, and holdings increased to 17,857

CointimeCointime2024/06/05 12:52
By:Cointime

Bitcoin mining company Marathon Digital Holdings released its May Bitcoin production and mining operations report, with a 32% increase in the number of blocks won compared to the previous month, from 129 blocks to 170 blocks, and the share in available miner rewards increased from 3.2% to 4.2%. In May, 616 Bitcoins were produced, a decrease of 27%. The amount of BTC held increased to 17,857 BTC; as of May 31, 2024, the total amount of cash and BTC reached $1.5 billion.

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