Marathon Digital produced 1072 BTC in August and sold 750 BTC

Odaily News Encryption mining company Marathon Digital released an update on Bitcoin output and mining operations in August 2023 (unaudited), the main points are as follows: - The output in August was 1072 BTC, a decrease of 9% from the previous month, and a year-on-year increase of more than five times; - Marathon US operating computing power increased by 2% month-on-month, reaching 19.1 EH/s; deployed computing power increased by 1% month-on-month, reaching 23.1 EH/s; - As of August 31, Marathon held a total of 13,286 BTC, of ​​which 13,111 BTC is unrestricted holding; - sold 750 BTC in August, and intends to continue selling some of the BTC it holds in the future. - Cash and cash equivalents on the companys balance sheet were $111.2 million at the end of August, of which $105.5 million was unrestricted cash and cash equivalents; The combined balance increased from $201.5 million to $445.5 million. (Globe Newswire)