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Stock impact report

Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners [Yahoo! Finance]

Marathon Digital Holdings, Inc. (MARA) 
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.marathonpg.com
Company Research Source: Yahoo! Finance
The network's difficulty saw its first decline since September, indicating that even though publicly listed companies have kept increasing their hash power, their growth isn't enough to compensate for the capitulation of other, probably smaller operators. The total revenue made from bitcoin (BTC) mining remained stable at $1.4 billion for the month. Publicly traded mining companies, which collectively hold 99,000 bitcoin (worth roughly $9.7 billion), accounted for about 30% of the hashrate market share in January. Competition between the biggest publicly traded companies has also increased. The leading mining firm, Marathon Digital (MARA), retained its top spot with a realized hashrate of 41.65 EH/s, followed by CleanSpark at 34.77 EH/s. Riot Platforms, which has been expanding aggressively, is closing in with 31.27 EH/s. “Notably, the competition within the 30 EH/s group is heating up like never before, while the gap between the 30 EH/s tier and the 10 EH/s group — comprisin Show less Read more
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