The Bitcoin mining firm is looking beyond its current troubles into next year to secure the energy it needs to make up a more significant portion of the network’s hash rate.
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Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online.
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Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin.
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Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin.
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The Bitcoin miner’s push to make its facilities run on clean energy reflects a push in the industry for all mining operations to do the same, or to at least use flexible facilities.
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Some BTC miners in the U.S. expect to double their capacity through 2022 while other global operations have been selling BTC to secure cash reserves.
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