Marathon Digital Holdings Reported A 17% Spike In Bitcoin Mining

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The Bitcoin mining company, Marathon Digital Holdings recently revealed that the company mined a whopping 265.6 Bitcoins in June alone.

This number of BTC in June alone exceeds what the company had in May by 17%. The total amount for the whole quarter 2 sits at 654.3 Bitcoins.

From the first month of the year to the third month in 2021, the company could produce only 191.7 Bitcoins. However, in the second quarter, the number exceeded the first quarter’s production more than 3 times.

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A brief study of its monthly production since the year started shows that the company produced 50.4 BTC in January. In February, the number decreased to 43.4 BTC. March saw a rise of BTC production to 97.9, concluding the first-quarter figure.

In the second quarter, April production was a total of 162.1 BTC, which was a considerable increase from March.

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Then in May, Marathon produced 226.6 BTC and 265.6 BTC in June. Each month in the second quarter saw a huge spike in its BTC production, thereby amounting to a total of 654.3 Bitcoins.

Marathon Digital Records An Increase In Bitcoin…

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