November 23, 2024

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Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1

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Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1

Bitcoin (

Marathon expects operational efficiencies to continue having purchased a new batch of Antminer S19 XPs Bitcoin mining rigs that are said to be nearly 30% more efficient than the Antminer S19 Pro.

Once those miners are installed approximately 66% of Marathon’s hash rate will come from the S19 XPs, it said.

The design of S19 XPs has, however, been criticized by fellow Bitcoin mining firm Compass Mining.

In a March report the firm identified “three flaws” of the new S19s which may result in the mining rig overheating, or in some cases, shutting down completely.

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