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MARA > BOOMTOWN USA !!!!!
Will be a rocky road here but still trending
in the right direction imo
Didn’t get there…
Wow, 30% short as of the 30th. Getting interesting.
Could get a nice SQUUEEEEZZZEEEE play
Wow, 30% short as of the 30th. Getting interesting.
Could get a nice SQUUEEEEZZZEEEE play
Solid play here. IMO. Took a starter yesterday and added a few today. GL
Going to the moon! Bitcoin is the future. Now if only there was a way we could figure out how to mine bitcoin using sunlight we would literally be printing money! LOL!!
#MARA
SDIG another bitcoin miner like MARA is having a powerful upside run. Both companies using various sources of energy to run their operations.
$13,38 pre-market! :)
MARA breaks 14 tomorrow, will run to 18, provided Bitcoin is trending up.
No thanks bud, good luck to you. I only my own stock picks.
The MARA contract with APLD is huge > Both equities moving up exponentially.
Made $ 32k profit. Back in @ 9.94 intra-sesion > MARA.
Why did you sell?? Just getting started.
© Copyright 2022
Why did you sell?? Just getting started.
Could get a nice squeeze thru thurs/fri
MARA king of the miners. seriously outperforming the others this week ...
$23,096 @ 11:55
BTC looking to break through 23k…
Sold my position @ 10.27 > Nice news today!
MARA
The third largest BTC wallet just sold 10.5K BTC. I wonder if this is MARA. They will eventually either have to liquidate some BTC to pay expenses, or do an offering and dilute, maybe both. Be carful here, BTC is about to make another big dip. I think between 10k-14k is the bottom, we'll see, and MARA will be much cheaper. You might want to exercise some patience here. GL
Hard to believe, I once had a little over 92,000 shares of MARA at one point average 11.80, those days was just too beautiful, needless to say, I am back in with 20,000 shares at 7.80 average now.
Gap up tomorrow am LFG
After Hours News = Marathon Digital Holdings Secures Hosting Capacity To Support All 23.3 EH/s of Bitcoin Mining
July 18 2022 - 04:05PM
GlobeNewswire Inc.
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Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today announced that the Company has secured approximately 254 megawatts of new hosting arrangements for its Bitcoin mining operations, with an option to increase to 324 megawatts, from a variety of hosting providers. As a result, Marathon believes it has now secured ample hosting arrangements to support the Company’s previously stated goal of approximately 23.3 exahashes per second (“EH/s”) of computing power for Bitcoin mining.
Applied Blockchain Hosting Arrangements
On July 12, 2022, Marathon entered into an agreement with Applied Blockchain (NASDAQ: APLD) to secure approximately 200 megawatts of hosting capacity for the Company’s previously purchased miners, upon terms and conditions consistent with its ordinary course practices for Bitcoin hosting arrangements. As a result of this arrangement, Applied Blockchain will supply Marathon with 90 megawatts of hosting capacity at its facility in Texas and at least 110 megawatts of hosting capacity at its second facility in North Dakota. Currently, Marathon expects to have approximately 66,000 miners, representing approximately 9.2 EH/s, hosted across these facilities. As part of this agreement, Applied Blockchain has also provided Marathon with the option to increase hosting capabilities utilizing up to an additional 70 megawatts in North Dakota, which would increase the total amount of hosting across all of Applied Blockchain’s facilities to 270 megawatts if the option is exercised.
Applied Blockchain’s facilities are currently under construction. Based on construction schedules, installations of Marathon’s miners are expected to begin at these facilities during the fourth quarter of 2022 with all miners installed by approximately mid-year 2023.
Compute North and Additional Expansions
On July 5, Marathon also expanded its hosting arrangements with Compute North to include an additional 42 megawatts of hosting capacity at Compute North’s facility near Granbury, Texas. Regulatory approvals for this location, which are separate from the 280 megawatt wind farm in West Texas, have been secured, and the energization schedule is currently being driven by construction. With this expansion, Marathon expects to have an additional 14,000 miners installed at this facility, bringing the total number of miners installed near Granbury to approximately 26,000 miners, representing approximately 3.6 EH/s. Based on current construction schedules, all 26,000 miners are expected to be installed at this facility before the end of 2022.
In addition to the new agreement with Applied Blockchain and the expansion with Compute North, Marathon also secured an additional 12 megawatts of hosting capacity with a variety of other providers. Currently, Marathon expects to install approximately 4,000 miners, representing approximately 0.8 EH/s, with these hosting providers, starting in August 2022.
Management Commentary
“With these new arrangements, we believe we have now secured enough hosting capacity to support our target of achieving approximately 23.3 exahashes per second of computing power for Bitcoin mining in 2023,” said Fred Thiel, Marathon’s chairman and CEO. “Each of these facilities is already under construction, which is critical for expediting installations. The first miners to be hosted under these new arrangements are scheduled to be installed in August, with installations ramping at other locations in the fourth quarter of this year and continuing into 2023. We would like to thank each of our hosting providers for working with us on these arrangements and for helping us toward our intended goal of building Marathon into one of the leading Bitcoin miners in North America.”
Investor Notice
Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on March 10, 2022 and Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2022, filed with the SEC on May 5, 2022. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. There are factors out of our control, such as force majeure events and unforeseen economic and other challenges to our hosting partners, which may delay or prevent realization of our stated goals. Future changes in the network-wide mining difficulty rate or Bitcoin hash rate may also materially affect the future performance of Marathon's production of bitcoin. Additionally, all discussions of financial metrics assume mining difficulty rates as of July 2022. The total network’s hash rate data is calculated from a third-party source, which is available here: https://www.blockchain.com/charts/hash-rate. Data from third-party sources has not been independently verified. See "Forward-Looking Statements" below.
Forward-Looking Statements
Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.
About Marathon Digital Holdings
Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America, while remaining asset light.
Marathon Digital Holdings?Company?Contact:
Telephone: 800-804-1690
Email: ir@marathondh.com
Over 10k production of bitcoin by MARA > Nice upside move today! Let's stay above 10.00+ share price.
Looking very squeezy
Currently $10.23 up 27%
$MARA - FOOK YEAH! SHORTY IS TOAST WHEN $MARA's PR HITS THE WIRE REGARDING FERC APPROVAL GRANTED, WE GOT TAX CREDITS FOR TEXAS BABY... & 30,000 RIGS TO ENERGIZE AND 70,000 MORE RIGS TO INSTALL!!!! $MARA IS KING & BEST-IN-BREED...LFG!
**** Here is the link to the approval document. elibrary.ferc.gov/eLibrary/...
SHORT SQUUEEEEZZZEEEE
27% SHORT wow. This could get Interesting
Btc back down below 20,000 again, 6’s
could be for sale soon
I'll be a buyer again if it backs up into 7's next week.
Agreed . We see mid 40s once Bitcoin hits 34 again
What's Going On With Bitcoin-Related Stock Marathon Digital?
Benzinga32 minutes ago
Marathon Digital Holdings Inc (NASDAQ:MARA) shares are trading higher Friday. The company provided a Bitcoin (CRYPTO: BTC) production and mining update late Thursday.
Marathon Digital said it produced 707 Bitcoin in the second-quarter, representing an increase of 8% year-over-year, despite significant headwinds.
Bitcoin production was impacted by energization delays in Texas, maintenance to its facilities and a severe storm which caused one of its mining locations to go offline. However, year-to-date production was up 132% over the same period in the prior year.
Marathon Digital now holds 10,055 Bitcoin directly and finished the month with $88.7 million in cash and $153.7 million in total available liquidity.
Bitcoin was up 3.52% over a 24-hour period at $21,480 at press time, which could be adding to Marathon Digital's move higher today.
See Also: Bitcoin, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Hitting $28K-$30K In 'Few Days' If This Happens
MARA Price Action: Marathon Digital has traded between $83.45 and $5.20 over a 52-week period.
The stock was up 20% at $8.44 at press time, according to data from Benzinga Pro.
Marathon Patent Group call buyer realizes 1149% same-day gains
The Fly3 hours ago
Notable profits for the buyer who lifted the $0.05 offer for 1,556 Marathon Patent Group (MARA) 7/8 weekly 6.5 calls yesterday at 10:09ET when underlying shares were trading at $6.09. Shares closed at $7.01, and the calls at $0.62 for a mark-to-market profit of 1149%, or $89K, on the $8K outlay.
Marathon Digital Reports Increase in Q2 Bitcoin Production Year-Over-Year
MT Newswires3 hours ago
07:23 AM EDT, 07/08/2022 (MT Newswires) -- Marathon Digital Holdings (MARA) said late Thursday it produced 707 self-mined bitcoins in Q2, compared with 654 bitcoins a year earlier.
The company said production was affected by energization delays in Texas, as well as maintenance to a Hardin, Montana power plant that supplies its local miners, in April and May, among other factors.
The company said that total bitcoin holdings in June reached 10,055 bitcoins, with a fair market value of $198.9 million, compared with 9,941 bitcoins in May.
The company said it produced 1,966 bitcoins in the first six months of the year, a 132% increase compared with the same period a year earlier.
Marathon Digital's (MARA) stock price declined 3.4% in recent pre-market trading on Friday. The recent price of bitcoin was up 5.1% to $21,522.03.
Price: 6.77, Change: -0.24, Percent Change: -3.42
MT Newswires does not provi
I hear ya ... MARA
Damn, I didn’t buy enough a $6, :-/
Nice!! MARA on fire ...
Doubled my position here at 6, if it drops
again I’ll just add.
Marathon Digital to start operations at a reduced capacity this month
Last week Bitcoin miner, Marathon Digital, shared an update on the state of its storm-hit Montana-based facility in Hardin and when it plans to resume mining operations following the recent interruption. The firm halted mining operations in the Hardin site last month because of significant damage to part of its power generating and supply set-up.
The power outage caused by a June 11 storm rendered 30,000 devices (three-quarters of the Marathon’s active fleet) offline. In its damage assessment report, the crypto miner noted that its cooling towers needed repairs. There are also issues in the power generating station that need to be addressed as the firm rushes to be back online as early as this week.
To remain afloat during the period the facility is down, the firm has redirected its active miners (approximately 0.6 exahash) to a third-party mining pool. In April, Marathon Digital revealed it was exploring the possibility of shifting its Bitcoin miners from the coal-powered Montana facility to a location that guarantees sustainable power. The mining firm noted in a press release that it would eye locations with non-carbon emitting power sources and would transition gradually, completing the shift in Q3. No update has been provided on the same so far.
https://www.securities.io/bitcoin-and-ethereum-mining-revenue-slashed-significantly-in-june/
3 R/S so far for this company, a 4th on the way inevitably.
Will be waiting to buy then
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