Bitcoin Miner Marathon’s Shares Outperform Peers Ahead of Possible ‘Strong’ Earnings Report
The miner is expected to report a “strong acceleration in Q/Q revenue growth” due to the rally in bitcoin prices, a Jefferies analyst said.
The miner is expected to report a “strong acceleration in Q/Q revenue growth” due to the rally in bitcoin prices, a Jefferies analyst said.
Marathon will be the first publicly traded miner to offer such a service by utilizing its own mining pool.
Marathon said the acquisitions will reduce the cost per coin mined by around 30%.
The 280 Kilowatt (kW) pilot project in Utah is already operational.