{"id":40332,"date":"2023-01-05T18:50:37","date_gmt":"2023-01-05T18:50:37","guid":{"rendered":"http:\/\/egrowonline.com\/?p=40332"},"modified":"2023-01-05T18:50:37","modified_gmt":"2023-01-05T18:50:37","slug":"whats-going-on-with-bitcoin-and-ethereum-related-stock-marathon-digital-marathon-digital-holdings-nasdaqmara","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=40332","title":{"rendered":"What&#8217;s Going On With Bitcoin- And Ethereum-Related Stock Marathon Digital &#8211; Marathon Digital Holdings (NASDAQ:MARA)"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"node-30299189\">\n<div class=\"ArticleBody__ArticleBodyDiv-sc-l6jpud-0 fZXicg article-content-body-only\" id=\"article-body\">\n<div>\n<div class=\"sc-iydlzS dkqwiQ\">\n<p class=\"core-block\"><strong class=\"core-block\">Marathon Digital Holdings Inc<\/strong> <span class=\"ticker\" data-ticker=\"MARA\" data-exchange=\"NASDAQ\">MARA<\/span> shares are trading lower by 2.84% to $4.10 Thursday afternoon after the company <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/pressreleases\/23\/01\/g30293037\/marathon-digital-holdings-announces-bitcoin-production-and-mining-operation-updates-for-december-2\" class=\"core-block\" rel=\"noopener\">reported<\/a> Bitcoin production for the fourth-quarter\u00a0and December.<\/p>\n<p class=\"core-block\"><strong class=\"core-block\">What\u00a0Else?<\/strong><\/p>\n<p class=\"core-block\">Among <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/pressreleases\/23\/01\/g30293037\/marathon-digital-holdings-announces-bitcoin-production-and-mining-operation-updates-for-december-2\" class=\"core-block\" rel=\"noopener\">the production highlights<\/a> by Marathon Digital:<\/p>\n<ul class=\"core-block\">&#013;<\/p>\n<li class=\"core-block\">Produced 475 BTC in December 2022 and 1,562 BTC in\u00a0Q4\u00a02022<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Produced 4,144 BTC in fiscal year 2022, a\u00a030%\u00a0increase from 3,197 BTC produced in fiscal year 2021<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">As of January 1, operating mining fleet consisted of approximately 69,000 active miners, capable of producing approximately 7.0 EH\/s<\/li>\n<p>&#013;\n<\/ul>\n<p class=\"core-block\">&#8220;In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,&#8221; said <strong class=\"core-block\">Fred Thiel<\/strong>, Marathon&#8217;s Chairman and CEO.<\/p>\n<p class=\"core-block\">&#8220;Despite challenges earlier in the year, we doubled our hash rate to 7.0 exahashes per second year-over-year, with a majority of it now located at the King Mountain wind farm in West Texas. We finished the year with one of our most productive quarters to date, producing 1,562 bitcoin in the\u00a0fourth quarter.<\/p>\n<p align=\"justify\" class=\"core-block\"><em class=\"core-block\">See Also:\u00a0<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/23\/01\/30296651\/whats-going-on-with-tesla-stock-today\" title=\"What's Going On With Tesla Stock Today\" class=\"core-block\" rel=\"noopener\">What&#8217;s Going On With Tesla Stock Today<\/a><\/em><\/p>\n<p class=\"core-block\">According to data from <a target=\"_blank\" href=\"https:\/\/benzinga.grsm.io\/movers399\" class=\"core-block\" rel=\"noopener\">Benzinga Pro<\/a>, MARA has a 52-week high of $32.74 and a 52-week low of $3.11.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"copyright\">\u00a9 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMihAFodHRwczovL3d3dy5iZW56aW5nYS5jb20vbWFya2V0cy9wZW5ueS1zdG9ja3MvMjMvMDEvMzAyOTkxODkvd2hhdHMtZ29pbmctb24td2l0aC1iaXRjb2luLWFuZC1ldGhlcmV1bS1yZWxhdGVkLXN0b2NrLW1hcmF0aG9uLWRpZ2l0YWzSAQA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Digital Holdings Inc MARA shares are trading lower by 2.84% to $4.10 Thursday afternoon after the company reported Bitcoin production for the fourth-quarter\u00a0and December. What\u00a0Else? Among the production highlights by Marathon Digital: &#013; Produced 475 BTC in December 2022 and 1,562 BTC in\u00a0Q4\u00a02022 &#013; Produced 4,144 BTC in fiscal year 2022, a\u00a030%\u00a0increase from 3,197 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[50,271,6051,1599,2399,13205,593,677],"class_list":["post-40332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-digital","tag-ethereumrelated","tag-holdings","tag-marathon","tag-nasdaqmara","tag-stock","tag-whats"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/blockchain-3446557.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/40332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40332"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/40332\/revisions"}],"predecessor-version":[{"id":40334,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/40332\/revisions\/40334"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/40333"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40332"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}