Marathon Digital takes direct control of Texas, Nebraska Bitcoin mining sites from Hut8 Mining, aiming to reduce operating costs.

Marathon Digital Holdings has entered into an agreement to take direct operational control of two Bitcoin mining sites recently acquired in Texas and Nebraska, replacing Hut8 Mining Corp. The transition aims to reduce operating fees and improve the cost of producing Bitcoin. By April 30, 2024, Marathon intends to replace Hut8 as the operator and will own and operate 390 megawatts of capacity in Texas and Nebraska.

February 01, 2024
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