{"id":141422,"date":"2024-11-05T18:30:26","date_gmt":"2024-11-05T16:30:26","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141422"},"modified":"2024-11-05T14:37:37","modified_gmt":"2024-11-05T12:37:37","slug":"marathon-digital-and-riot-platforms-achieve-record-bitcoin-production-in-2024","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/marathon-digital-and-riot-platforms-achieve-record-bitcoin-production-in-2024\/","title":{"rendered":"Marathon Digital and Riot Platforms Achieve Record Bitcoin Production in 2024"},"content":{"rendered":"<p>Marathon <strong><a href=\"https:\/\/ir.mara.com\/news-events\/press-releases\/detail\/1373\/mara-announces-bitcoin-production-and-mining-operation-updates-for-october-2024\">mined<\/a> <\/strong>717 <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>in October, valued at approximately $48.8 million, thanks to a 14% increase in hashrate to over 40 exahashes per second and higher transaction fees contributing about 5% to production.<\/p>\n<p>Despite a 3% decline in block wins due to increased network difficulty, Marathon&#8217;s results indicate a solid rebound.<\/p>\n<p>Riot Platforms also saw a boost, mining 505 Bitcoin worth around $34.4 million, marking a 22.6% month-on-month increase attributed to a rise in hashrate to 29.4 EH\/s following the installation of new miners.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/significant-outflows-hit-bitcoin-etfs-ahead-of-u-s-election\/\" title=\"Significant Outflows Hit Bitcoin ETFs Ahead of U.S. Election\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/image1-3-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Significant Outflows Hit Bitcoin ETFs Ahead of U.S. Election<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>However, both companies faced stock declines on November 4, with Marathon shares dropping 3.79% and Riot shares falling 4.87%.<\/p>\n<p>Looking ahead, Riot aims for a hashrate of 34.9 EH\/s by the end of 2024, while Marathon targets 50 EH\/s by 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Digital and Riot Platforms have reported a significant recovery in Bitcoin mining, achieving their highest monthly outputs since the April halving.<\/p>\n","protected":false},"author":3,"featured_media":26688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-141422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marathon Digital and Riot Platforms Achieve Record Bitcoin Production in 2024<\/title>\n<meta name=\"description\" content=\"Marathon Digital and Riot Platforms have reported a significant recovery in Bitcoin mining, achieving their highest monthly ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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