Marathon Digital , one of the largest bitcoin miners in North America, beat third-quarter earnings estimates while missing revenue expectations.a third-quarter earnings of $0.35 per share versus analyst estimate of a loss of $0.11 per share, according to FactSet data. Third quarter revenue was $97.8Marathon produced 3,490 bitcoins during the third quarter, up from 2,926 in Q2 and 616 in Q3 one year ago.
The firm also said it sees 2023 bitcoin mining power, or hash rate, to reach 26 exahashes per second and expects to grow its hash rate by about 30% in 2024. If the company manages to hit the guidance for this year, it will become the largest publicly traded mining company in terms of hashrate. MARA stock was lower by 6.9% during the regular session Wednesday; in after hours trading, shares have bounced a modest 0.8%. The stock rose nearly 140% this year, outperforming the 73% bitcoin
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: Cointelegraph - 🏆 562. / 51 Weiterlesen »