Marathon Digital reduced the production of bitcoins in August on 9% Because of the heat in Texas – Bits Media

Marathon Digital Holdings mining company reported, What in August 2023 year her production of bitcoins has declined to 9% Due to the extreme heat in the American state Texas.

General Director of Marathon Digital Fred Til (Fred Thiel) reported, that in August the company got 1 072 BTC. it exceeds the August indicators of the previous year by more than five times, However, compared to July 2023 of the year, The company got bitcoins on 9% less. The reason is abnormal weather conditions in Texas, which led to a significant decrease in drifting rate.

Til noted, that in August the company increased the operating hash in the United States on 2% to 19,1 Eh / s, and the hash speed increased by 1% to 23,1 Exakheshi. According to Marathon Digital, The company owns 13 286 BTC for the amount $341,9 million. In August, the company sold 750 bitcoins on $193 million. In the coming months, Marathon Digital plans to continue the sale of bitcoins to cover total corporate costs.

In May, Marathon Digital reported on the production of record 1 245 The government of Bulgaria demanded a report for the withdrawn cryptocurrency, What's on 77% exceeded the indicators of the previous month. Besides, This is on 366% more, than in May 2022 of the year.

Recently, Marathon Digital has been faced with legal problems. In July, a collective lawsuit was filed against the mining company on behalf of the shareholders of Marathon Digital. The plaintiffs claim, that the company made false and misleading statements, and also did not reveal the information, which could have a significant negative impact on its financial situation.