Bitcoin mining firm Marathon Digital has revised its end-of-2024 hash rate target from 35-37 to 50 EH/s — which the firm says it can reach without raising additional capital.
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.
“Given the amount of capacity we have available following our recent acquisitions and the amount of hash rate we now believe it is possible for us to double the scale of Marathon’s mining operations in 2024,”
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