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 Bitcoin miner Marathon increases 2024 hash rate target to 50 EHs

Bitcoin miner Marathon increases 2024 hash rate target to 50 EHs


Published: 2024-04-26


1. Increase in Hash Rate Target by End of 2024: Crypto mining company Marathon Digital Holdings plans to significantly increase its hash rate target by the end of 2024. The company aims to scale up its operations to reach a hash rate of 133 exahashes per second (EH/s) by that time,which would make it one of the leading mining companies globally. Marathon's aggressive growth strategy involves acquiring more mining hardware and expanding its existing facilities to meet this target.

2. Impact of China's Mining Ban: Marathon Digital Holdings,like many other mining companies,has been affected by China's crackdown on crypto mining operations. The company had to relocate its mining facilities to the United States in response to the ban imposed by the Chinese government. This move has allowed Marathon to continue its operations and pursue its hash rate target despite the challenges posed by the shifting regulatory landscape.

3. Sustainability and Environmental Concerns: With the increasing focus on sustainability and environmental responsibility in the crypto industry,Marathon Digital Holdings is also making efforts to minimize its carbon footprint. The company has committed to using renewable energy sources for its mining operations and has partnered with energy companies that prioritize sustainability. By adopting eco-friendly practices,Marathon aims to address concerns about the environmental impact of crypto mining and contribute to a greener future for the industry.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 63,319.53 2,087,231,133.62
2 ARS title=ARS 1,093.10 2,063,173,189.90
3 ETH title=ETH 3,081.01 1,046,043,885.65
4 SOL title=SOL 152.33 658,250,831.33
5 PEPE title=PEPE <0.01 439,564,197.54
6 DOGE title=DOGE 0.16 340,643,381.89
7 XRP title=XRP 0.57 255,324,813.52
8 WIF title=WIF 3.36 254,813,894.31
9 WLD title=WLD 6.03 207,752,023.01
10 ENA title=ENA 0.86 192,621,913.44
11 BOME title=BOME 0.01 184,007,402.24
12 RNDR title=RNDR 9.68 126,533,416.29
13 NEAR title=NEAR 7.25 124,361,052.59
14 BONK title=BONK <0.01 105,843,656.64
15 AVAX title=AVAX 37.39 104,765,633.34
16 RUNE title=RUNE 5.36 87,293,451.13
17 ETHFI title=ETHFI 3.95 83,081,134.89
18 FLOKI title=FLOKI <0.01 83,003,501.80
19 SUI title=SUI 1.10 75,720,687.55
20 ARKM title=ARKM 2.57 75,119,579.40
21 ORDI title=ORDI 38.73 65,586,574.26
22 USTC title=USTC 0.02 64,158,965.04
23 AR title=AR 39.79 61,466,090.78
24 HBAR title=HBAR 0.11 58,719,656.24
25 MATIC title=MATIC 0.72 54,658,677.28
26 FIL title=FIL 6.14 50,575,726.03
27 LTC title=LTC 81.79 47,519,122.19

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 TerraClassicUSD title=USTC 0.02 +10.45
2 XRP title=XRP 0.57 +6.58
3 Cortex title=CTXC 0.38 +6.32
4 BOOK OF MEME title=BOME 0.01 +5.84
5 iExec RLC title=RLC 2.99 +5.03
6 Jito title=JTO 3.57 +4.47
7 Ethena title=ENA 0.86 +4.38
8 Worldcoin title=WLD 6.03 +3.27
9 Solana title=SOL 152.33 +3.19
10 Bella Protocol title=BEL 0.85 +2.74
11 Bitcoin Cash title=BCH 482.30 +2.70
12 Yield Guild Games title=YGG 0.89 +2.50
13 dogwifhat title=WIF 3.36 +2.49
14 Powerledger title=POWR 0.31 +2.25
15 Ethernity Chain title=ERN 4.40 +2.23
16 Stellar title=XLM 0.11 +2.07
17 NKN title=NKN 0.13 +1.95
18 Hedera title=HBAR 0.11 +1.80
19 Injective title=INJ 25.02 +1.71
20 Cosmos Hub title=ATOM 9.39 +1.45
21 EOS title=EOS 0.84 +1.40
22 AC Milan Fan Token title=ACM 2.35 +1.38
23 Chiliz title=CHZ 0.12 +1.37
24 Terra title=LUNA 0.61 +1.29
25 Lisk title=LSK 1.94 +1.25
26 Moonriver title=MOVR 14.03 +1.10
27 Chainlink title=LINK 14.69 +1.00
28 Vulcan Forged title=PYR 4.62 +0.98
29 THORChain title=RUNE 5.36 +0.94
30 PAX Gold title=PAXG 2,303.00 +0.70

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Reserve Rights title=RSR <0.01 -10.04
2 REZ 0.17 -7.99
3 Tensor title=TNSR 0.85 -7.65
4 Convex Finance title=CVX 2.46 -7.45
5 Saga title=SAGA 3.23 -6.89
6 Alchemy Pay title=ACH 0.03 -6.77
7 Bonk title=BONK <0.01 -6.68
8 xMoney title=UTK 0.08 -6.24
9 Juventus Fan Token title=JUV 2.48 -6.03
10 Kadena title=KDA 0.88 -6.02
11 Pixels title=PIXEL 0.42 -6.00
12 Atlas Aggregator title=ATA 0.18 -5.97
13 Bittensor title=TAO 442.80 -5.91
14 Portal title=PORTAL 0.82 -5.88
15 Stargate Finance title=STG 0.49 -5.85
16 Pyth Network title=PYTH 0.54 -5.82
17 W 0.65 -5.70
18 Ethereum Name Service title=ENS 15.06 -5.70
19 Dymension title=DYM 3.25 -5.67
20 Adventure Gold title=AGLD 1.02 -5.63
21 Golem title=GLM 0.59 -5.54
22 IoTeX title=IOTX 0.05 -5.49
23 Aevo title=AEVO 1.37 -5.38
24 Stacks title=STX 2.22 -5.37
25 Komodo title=KMD 0.38 -5.32
26 Sei title=SEI 0.54 -5.26
27 AdEx title=ADX 0.21 -5.22
28 Ankr Network title=ANKR 0.05 -5.13
29 COMBO title=COMBO 0.69 -5.10
30 Ellipsis X title=EPX <0.01 -5.08

Bitcoin's Greed and Fear Index.

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71
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Nasdaq listed Tiger Brokers rolls out online crypto trading to Hong Kong 2024-05-06
2 Robinhood crypto business slapped with SEC Wells notice 2024-05-06
3 First Bitcoin backed synthetic dollar to launch with 25 yield 2024-05-06
4 Mango Markets DAO buyback plan leads to accusations of self dealing 2024-05-06
5 Runes and BRC 20s are just a stepping stone for Bitcoin DeFi 2024-05-06
6 Summer will offer 039perfect opportunity039 for investing in crypto Arthur Hayes 2024-05-06
7 Cardano founder proposes Bitcoin Cash integration in X poll 2024-05-06
8 Bitcoin reaches one billion transactions 2024-05-06
9 Bad actors and block storms Bitcoin dev calls for testnet reboot 2024-05-06
10 Crypto venture capital funding hits 1B for second straight month 2024-05-06
11 Weekend Wrap SOL set for bronze Bitcoiner fat fingers 100K fee and more 2024-05-06
12 Could stablecoin volumes overtake Visa this quarter 2024-05-06
13 Bitcoin will propel the next leg up if key trading pattern confirms Traders 2024-05-05
14 Bitfinex database breach seems fake says CTO 2024-05-05
15 Sui Network addresses claims about its token supply 2024-05-05
16 Coinbase faces new lawsuit over alleged investor deception 2024-05-05
17 Uniswap CEO weighs In on ethical token distribution 2024-05-05
18 Where to store your crypto Wallets provide diverse options for holders 2024-05-05
19 Warren Buffett compares AI to nukes after seeing deepfake doppelganger 2024-05-05
20 More than half of the Fortune 100 uses Apples Vision Pro headset 2024-05-05
21 Bitcoin will 039propel the next leg up039 if key trading pattern confirms Traders 2024-05-05
22 Grayscales GBTC stops bleeding First net inflows since launch 2024-05-04
23 LayerZero tackles sybil activity with self reporting mechanism 2024-05-04
24 BTC e founder pleads guilty in 9B money laundering conspiracy 2024-05-04
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26 Bitcoin opens 63K futures gap as thin liquidity threatens BTC price 2024-05-04
27 Vodafone looks to integrate crypto wallets with sim cards 2024-05-04
28 Australian court rules against Qoin issuer BPS Financial on 4 charges 2024-05-04
29 SEC delays decision on 7RCCs eco friendly spot Bitcoin ETF 2024-05-04
30 Losses due to crypto hacks fall 67 Bitcoin DeFi interest rises Finance Redefined 2024-05-04
31 Snowden goes after Bitcoin devs Elon Musk and puppy killers in X flurry 2024-05-04
32 Crypto Biz The Bitcoin summer Avalanche integrates with Stripe and more 2024-05-04
33 Coinbase039s Base could make it the NVIDIA of DeFi 2024-05-04
34 Former Cred execs face wire fraud and money laundering charges 2024-05-04
35 Grayscales GBTC stops bleeding First inflow since launch 2024-05-04
36 Biggest Friendtech whale dumps tokens as users struggle to claim airdrop 2024-05-03
37 Bitcoin and Ether options worth 24B set to expire May 3 max BTC pain at 61K 2024-05-03
38 Vested crypto tokens worth over 3B to be unlocked in May 2024-05-03
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40 USDC overtakes USDT Compliance is key to stablecoin dominance 2024-05-03
41 Bitcoin price springs 5 to 62K as US jobs data boosts rate cut bets 2024-05-03
42 How to determine crypto cost basis for accurate tax filings 2024-05-03
43 Venture capital pours 24B into crypto startups in early 2024 2024-05-03
44 Bitcoin enters 039a new era039 as whales scoop up over 47K BTC during price pullback 2024-05-03
45 CFTC Commissioner wants to create AI Fraud Task Force 2024-05-03
46 Block shares see after hours bump as Q1 results top estimates 2024-05-03
47 Coinbase posts 12B net income in Q1 surpasses entire 2023 earnings 2024-05-03
48 Terraform claims SEC offered no evidence for 47B in disgorgement 2024-05-03
49 Crypto leaders should stop flirting with CBDCs 2024-05-03
50 Hong Kong Bitcoin ETF launch in top 20 STRK scam suspect busted Asia Express 2024-05-03

US news that has a significant impact on the market

at news day date time
1 Loan Officer Survey Monday 06-05-2024 19:03
2 RCM/TIPP Economic Optimism Tuesday 07-05-2024 15:03
3 Consumer Credit m/m Tuesday 07-05-2024 20:00
4 Final Wholesale Inventories m/m Wednesday 08-05-2024 15:00
5 Crude Oil Inventories Wednesday 08-05-2024 15:30
6 FOMC Member Jefferson Speaks Wednesday 08-05-2024 16:00
7 10-y Bond Auction Wednesday 08-05-2024 18:01
8 FOMC Member Cook Speaks Wednesday 08-05-2024 18:30
9 Unemployment Claims Thursday 09-05-2024 13:30
10 Mortgage Delinquencies Thursday 09-05-2024 15:00
11 Natural Gas Storage Thursday 09-05-2024 15:30
12 30-y Bond Auction Thursday 09-05-2024 18:01
13 FOMC Member Daly Speaks Thursday 09-05-2024 19:00
14 FOMC Member Bowman Speaks Friday 10-05-2024 14:00
15 Prelim UoM Consumer Sentiment Friday 10-05-2024 15:00
16 Prelim UoM Inflation Expectations Friday 10-05-2024 15:00
17 FOMC Member Barr Speaks Friday 10-05-2024 18:30
18 Federal Budget Balance Friday 10-05-2024 19:00

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