The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s).
Marathon Secures 254 MW of Bitcoin Mining Capacity — Firm Aims to Have 23.3 EH/S by 2023
The publicly-listed bitcoin miner Marathon (Nasdaq: MARA) has obtained 254 MW of hosting arrangements, with the option to increase to 324 MW, from a few different hosting providers. The news follows the outage Marathon experienced in mid-June in Montana when a storm knocked out operations and the company’s devices went offline.
Securing 254 MW of power will allow Marathon to reach the company’s 2023 goal to obtain 23.3 exahash per second (EH/s) of processing power. “With these new arrangements, we believe we have now secured enough hosting capacity to support our target of achieving...
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