Marathon Digital Holdings reports December 2024 Bitcoin production and bybit leveragemining metrics, showing continued operational progress.

Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin (BTC) production fell slightly, down 2% from November to 890 BTC, which MARA attributed to “luck” variations in mining, per CEO Fred Thiel.

MARA’s December 2024 #Bitcoin Production Update is here:

– Energized Hash Rate Increased 15% to 53.2 EH/s
– 249 Blocks Won (890 BTC), the Second Most Blocks in a Month on Record
– MARAPool’s Hash Rate Grew 168% in 2024, Outpacing Network Growth of 49%
– Total BTC HODL: 44,893…

— MARA (@MARAHoldings) January 3, 2025