Crypto miner Marathon Digital increased its Bitcoin hashrate by 84% in October, and mined a record 615 BTC during the month.
Marathon Digital Brings 32k Bitcoin Mining Rigs Online, Raising Hashrate By 84%
As per a press release from the public mining company, October 2022 was the most productive month in the history of the firm, in terms of both the hashrate and the BTC production.
The “mining hashrate” is a measure of the computing power capacity that can be used to mine on the Bitcoin blockchain. It’s measured in hashes per second (though, usually the practical measurements use much larger units).
Marathon had 32,000 mining machines sitting installed since a while now, waiting to be energized. In October, the firm finally brought these miners online, adding approximately 3.2 exahashes per second to their total mining hashrate.
This represented an increase of around 84% from their hashrate of 3.8…
