Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay

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Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay
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.MarathonDH is on track to meet its hashrate guidance of 23.3 exahash per second by early 2023, despite a 45-day delay in deploying its mining rigs during the first quarter. Aoyon_A reports

Marathon Digital , one of the largest publicly traded bitcoin miners, is still on track to meet its hashrate guidance of 23.3 exahash per second by early 2023, despite a 45-day delay in deploying its mining rigs during the first quarter, the companyThe company attributed the delay to a longer-than-expected permitting process for the required power for its operations.

However, Thiel said that the “delays are now behind us” and expects to reach 23.3 EH/s by early next year.

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