Bitcoin miner Marathon Digital targets its hash rate to double | Bitcoin ™️ | BTC | News

Bitcoin miner Marathon Digital targets its hash rate to double in 2024

Bitcoin miner Marathon Digital has raised its 2024 hash rate growth target in response to Bitcoin’s fourth halving event, which reduced miners’ block subsidy rewards from 6.25 BTC to 3.125 BTC. Starting 2024 with a total hash rate of around 24.7 exahash per second (EH/s) across its mining facilities, Marathon initially planned to increase its hash rate by around 46% during the year, targeting 35-37 EH/s.

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