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Marathon Digital produced 850 BTC in April and sold 600 BTC
2024-05-04 06:07
Odaily News Bitcoin mining company Marathon Digital released its April operating report, producing a total of 850 BTC this month, a year-on-year increase of 21%. The growth is mainly due to a 15% increase in its operating computing power, which now reaches 21.1 EH/s. In addition, Marathon said it sold 600 BTC in April to support monthly operations, manage finances, and general corporate purposes. As of April 30, the mining company held 17,631 BTC. Meanwhile, Kenyan President Williams Ruto spoke at the AMCHAM summit, saying: "Marathon Digital has been invited to consult with the Kenyan Ministry of Finance on our cryptocurrency regime and to discuss its energy needs related to cryptocurrency mining in Kenya with the Ministry of Energy." The company also confirmed the development, adding that its team is discussing how its digital asset data center can "stimulate energy development in the region and promote trade relations between the United States and East Africa." (CryptoSlate)