Bitfarms and Marathon Digital Both Mined Over 3K BTC in 2021

Bitfarms and Marathon Digital Both Mined Over 3K BTC in 2021

Bitfarms (BITF) and Marathon Digital (MARA), two of the most important publicly-traded bitcoin miners, every introduced on Monday that they’d mined over 3,000 bitcoin in 2021.

  • Canadian-based Bitfarms produced 3,452 bitcoin for the yr, whereas U.S.-based Marathon mined 3,197 bitcoin.
  • Bitfarms’ whole holdings grew to over 3,300 bitcoin as of the top of the yr, price $151.8 million at present costs, whereas Marathon’s holdings elevated to eight,133 BTC, price roughly $375.8 million.
  • Most miners started holding onto the bitcoin they mined slightly than promoting them because the yr went on because of the vital enhance in bitcoin costs.
  • Bitfarms mined 363 bitcoin in December, in comparison with Marathon’s 484.5 for the month. But Bitfarms’ month-to-month manufacturing all year long was extra constant, whereas Marathon’s bitcoin manufacturing in November dipped to only 196 as a result of upgrades to its energy technology stations reduce computing energy.
  • Several of Bitfarms and Marathon’s rivals, together with Riot Blockchain (RIOT), Hut 8 Mining (HUT) and Bit Mining (BTCM) have but to launch their 2021 mining totals.

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