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Marathon Digital Bitcoin mining production down 9% in August; CEO cites Texas heatwaves as contributing factor

Marathon Digital Holdings reported a 9% drop in Bitcoin (BTC) production in August 2023, with the company mainly attributing the decrease to increased shutdown activity in Texas due to record-high temperatures. This comes despite the company securing miners for an additional 5 EH/s hash rate and producing a significant 1,072 BTC last month…
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