Bitcoin mining company Marathon Digital Holdings announced producing 1,072 BTC in August, which represented a drop of 9% from the previous month due to extreme weather conditions in Texas.
Despite the decrease in Bitcoin production, the figure is still five times more than in August of last year.
Marathon’s Bitcoin Production: August Edition
In its unaudited BTC production and miner installation updates for the month of August, Marathon Digital cited increased curtailment activity in Texas due to record-high temperatures as the reason behind the decrease in bitcoin production from July. Fred Thiel, Marathon Digital’s chairman and CEO, explained,
“The decrease in Bitcoin production from July was largely due to increased curtailment activity in Texas due to record high temperatures. These temporary shutdowns more than offset the progress we have made to increase our operational hash rate and optimize our operations.”
According to the official press release, Marathon Digital incre
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