BTC Miner Marathon Digital (MARA) to Acquire New Mining Sites for $179M

fiverr
Jamie Crawley
Blockcard

[ad_1]

The acquisition, which will add 390 megawatts of capacity, will be paid in cash from Marathon’s balance sheet, the company announced on Tuesday. Across the two sites, around 21% is vacant and available for expansion, 63% is occupied by bitcoin mining tenants and 16% is already occupied by Marathon. Marathon said it expects the acquisitions to reduce the cost per coin mined by around 30%.

[ad_2]

Source link

BTCC