MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTCMARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month.MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842This week, the publicly listed bitcoin (BTC) mining company MARA (Nasdaq: MARA) highlighted several operational improvements for the month, including an increase in its energized hashrate and a higher number of blocks discovered.
In its September 2024 update, MARA revealed a 5% rise in its energized hashrate, bringing it to 36.9 exahash per second (EH/s). The company also noted a 6% bump in block wins, with 207 cumulative blocks secured last month, and a 5% increase in bitcoin production, totaling 705 BTC.
The company’s holdings now stand at 26,842 BTC, as it chose not to sell any of the bitcoin rewards mined last month. Other achievements include ongoing upgrades to its Granbury data center, which is transitioning to immersion cooling technology.
MARA said it remains on course to reach a hashrate of 50 EH/s by the end of the year. In addition, the company further disclosed it reaffirmed its dedication to environmental transparency, becoming the first publicly traded digital asset compute firm to submit a disclosure to the Climate Disclosure Project (CDP).
Source: https://news.bitcoin.com/mara-purchases-bitcoin-in-september-expands-hashrate-and-holds-mined-btc/
