Marathon Digital Holdings Mines 442.2 BTC in July
US-based cryptocurrency mining firm Marathon Digital Holdings mined 442.2 BTC last month, according to the press release shared by the company.
As a result, Marathon’s Bitcoin total reserves now amount to 6,225.6 BTC.
Between the company’s cash reserves and the Bitcoins it owns, Marathon currently has a total liquidity of about $352.6 million.
The company is buying more mining devices to expand its operations. As such, Marathon has received 19,401 Antminer S19 Pro ASIC this year to date, while it expects to receive some more 4,287 S19 Pro devices.
At the moment, Marathon’s active miners can generate a hashrate of 2.09 EH/s, which has allowed the company to mine around 1,288.3 BTC this year.
Just a few days ago the company reported it has bough an additional 30,000 Antminer S19j Pro from Bitmain. After they enter into operation, the Marathon’s total hashrate will hit about 13.3 EH/s.